President Donald Trump on Wednesday afternoon heralded the stock market unofficially becoming the most durable bull rally in history at 3,453 days. The president tweeted after the market closed: "Longest bull run in the history of the stock market, congratulations America!" Indeed, Wednesday's action, despite slight declines for some benchmarks, helped the Dow Jones Industrial Average DJIA, -0.34% the S&P 500 SPX, -0.04% and the Nasdaq Composite Index COMP, +0.38% notch the bull run's lengthiest sustained rally in modern history, dating back to March 9, 2009, surpassing the previous record set between 1990 and 2000. At least by some market participants' reckoning, it is the longest in history. Trump's tweet, however, comes as those once deep within the commander in chief's inner circle have become embroiled in legal drama. Late Tuesday, former Trump campaign chairman Paul Manafort was found guilty on eight charges including tax fraud, and on the same day the president's former lawyer Michael Cohen said that he violated campaign-finance law at President Donald Trump's direction.
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