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If that’s it for the stock market selloff, what’s the rebound going to look like?

The S&P 500 rose 15 points or 0.8 per cent on Monday, after sliding a combined 56.5 points at the end of last week in a selloff that hit some of the hotter stocks particularly hard.

The bounce dispels some concerns that last week’s turbulence was the start of a protracted downturn or the end of the five-year bull market in stocks. But according to Goldman Sachs, the move back up won’t simply reverse the previous losses and reward last week’s biggest casualties.

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