By Kevin Stankiewicz
CNBC’s Jim Cramer said the longest bull market in history could end at the close of Monday’s session.
“I think that that’s certainly a realistic thing,” Cramer said on “Squawk on the Street.” “It’s been a great run.”
The bull market began on March 9, 2009 and became the longest ever in August 2018.
The S&P 500 hit an all-time high of 3,393.52 on Feb. 19. It slid 7% early Monday, instituting a temporary 15 minute halt in trading. When trading resumed, the index pared some of those declines.
The S&P 500, as of Friday’s close, was already down 12.4% from those highs last month, putting it in correction territory as global financial markets react to growing concern about the coronavirus’ economic impact.