After 8 months, ASX 200 shares are finally out of correction territory // Motley Fool Australia

The S&P/ASX 200 Index (ASX: XJO) had a pretty ho-hum kind of day, down 0.49% at market close to 6,418 points.

Despite this, the index is still up around 4.4% over the past week, so ASX 200 investors don’t have too much to complain about today.

The ASX 200 is currently at its highest levels since March, when global share markets were in freefall as the impact of the coronavirus pandemic was first becoming obvious. It might be easy to forget, but back in January and February, the ASX 200 was well over 7,000 points. It actually crossed the 7,000-point threshold for the first time ever in January, and went on to go as high as 7,162 points by mid-February, before things started to hit the fan.

On the current level, the ASX 200 is now…