Wall Street Opinion: Market Hasn't Bottomed

Updated from 2:56 p.m. EDT

The rally on Tuesday might have been a relief to many investors, but our readers aren't convinced more gains are on the way.

One day ago, the Dow and the S&P 500 rose 5.8% and 6.4%, respectively, and the Nasdaq surged 7.1%. Shares of Bank of America ( BAC)and Citigroup ( C) added 27.7% and 38.1%, while JP Morgan Chase ( JPM) rose 22.6%. The KBW Bank index surged 15.6%.

On Wednesday, the Dow managed to end just slightly in positive territory. At this point, about 57% of those responding to our latest poll say the market hasn't reached a bottom. What do you think? Vote in our poll to offer your opinion.


Has the U.S. stock market reached its bottom?

Yes
No

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