Multi-line bullet list item in Markdown

Does Markdown support bullet list items on multiple lines (with newlines inside the item's source)? In HTML, I can put <br> inside it.

• Item 1 first line
  Item 1 second line
• Item 2 first line
  Item 2 second line

UPDATED in Jan 2020

Thank you for your contribution. Two trailing spaces work in the Jupyter environment.

Two spaces at the end of line are used to insert a line-break.

Example (replace the two dots with two spaces!):

* Item.. 
some indented text

This will render as:

• Item
  some indented text