S&P 500 hits 5,000 for first time ever | Fortune

Stocks record highs: S&P 500 near 5,000 | FortuneS&P 500 finishes above 5,000 for first time | FortuneJPMorgan Traders’ math places S&P 500 near 6,300 by month ... - Fortune

7%
OFF

Dow Closes Above 45K For First Time As Nasdaq, S&P 500 All Hit All …

2 weeks from now

Dec 4, 2024 · The Dow Jones Industrial Average finished above 45,000 for the first time, climbing 308.51 points, or 0.7%, to 45,014.04. The S&P 500 gained 3 0.6% to end at 6,086.49 points, …

nypost.com

6%
OFF

JPMorgan Traders’ Math Places S&P 500 Near 6,300 By Month

2 weeks from now

Dec 2, 2024 · The last two weeks of December and first two weeks of January are by far the best four-week stretch of the year, averaging a 2.6% return since 1928, according to Scott Rubner, …

fortune.com

FAQs about S&P 500 hits 5,000 for first time ever | Fortune Coupon?

When did the S&P 500 reach 5000?

The S&P 500 briefly topped 5,000 for the first time intraday on Thursday. It took almost 41 years for the S&P 500 to reach its first major milestone of 1,000, which it hit on February 2, 1998, according to Howard Silverblatt, senior index analyst at S&P Dow Jones Indices. ...

Why was the S&P 500 topped 5000 on Thursday?

The landmark moment comes during a period of strong economic growth, the artificial intelligence revolution, a better-than-expected earnings season, and anticipation of a pivot from the Federal Reserve to start cutting rates. The S&P 500 briefly topped 5,000 for the first time intraday on Thursday. ...

Why did the S&P 500 index hit 5000?

America’s S&P 500 stock market index hit 5,000 for the first time on Thursday, after a string of strong earnings reports and excitement about artificial intelligence (AI) continued to boost American share prices. ...

When does the S&P 500 reach a new high?

When the S&P 500 sets a new high in January, found Sam Stovall at CFRA Research, it reaches new highs in February about 75% of the time. When new highs are set in both months, he said, the index generated an average return of about 16% and ended the year higher about 88% of the time. The S&P 500 is up about 5.4% so far this year. ...

What does the 5000 on the S&P 500 mean for Wall Street?

Wall Street professionals cheered the historical moment. George Ball, chairman of Sanders Morris, an investment firm based in Houston, is one of them, explaining what that means for Wall Street: "The 5,000 on the S&P 500 is an important milestone for the markets, not just because it's a round number," he told International Business Times. ...

Will the stock market hit a 'S&P 5000' level soon?

These milestones have very little meaning other than being psychological markers or having the ability to put on an “S&P 5000” hat if you’re in the media. Nonetheless, the bullish backdrop suggests the market will likely hit that psychological level soon, if not already. ...