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Published: Oct 26, 2022 4 min read

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A trader works on the floor of the New York Stock Exchange

Has the stock market finally hit a bottom? After falling into a bear market in June and plunging again after a summer rally, the S&P 500 index has ticked up around five percent over the last month.

That positive performance has some wondering whether stocks are finally on the upswing for good or if investors should brace for this being another temporary bear market rally. (That's always a possibility, especially given that the S&P 500 was down 0.7% during trading on Wednesday afternoon.)

The “bottom” of the market refers to its trough, or lowest point. It’s the turning point when stocks stop falling and start rising again.

A bottom “will always come with a timeframe in mind,” Gargi Chaudhuri, head of BlackRock's iShares investment strategy in the Americas, tells Money.