The market this week completed one of its fastest turnarounds in at least 36 years
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By Fred Imbert
Published on April 17, 2026.
The market experienced one of its fastest turnaround in at least 36 years, with the S & P 500 returning from a 9% drop to an all-time high in just 11 trading days. This is the fastest move to record levels from a bottom of at least 9% since at least 1990. The turnaround comes as investors increasingly price in a resolution to the U.S.-Iran war. However, there are concerns that investors are becoming complacient and that the equity is not being adequately addressed. The iShares Russell 1000 Value ETF (IWD) has also been capped at around $225.
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