The S&P 500 Just Did Something for Only the Fourth Time in 96 Years -- and Its Historic Significance Can't Be Overlooked

Since October 2022, the bulls have been in charge on Wall Street. In 2024, the ageless Dow Jones Industrial Average (DJINDICES: ^DJI), benchmark S&P 500 (SNPINDEX: ^GSPC), and growth-propelled Nasdaq Composite (NASDAQINDEX: ^IXIC) all climbed to numerous record-closing highs and finished the year up by 13%, 23%, and 29%, respectively.Investors can thank the artificial intelligence (AI) revolution, strong corporate earnings, and excitement surrounding stock splits as part of a laundry list of factors responsible for lighting a fire under equities.Although stocks moving higher is nothing new on Wall Street, the magnitude by which the broad-based S&P 500 has been rising in recent years is in rarified territory -- and its historic significance can't be overlooked.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool