The S&P 500 Just Did Something for the 1st Time This Century. History Says the Stock Market Will Do This Next.

The S&P 500 (SNPINDEX: ^GSPC) soared 20.8% during the first three quarters of 2024, notching more than three dozen record highs along the way. That momentum was partly due to excitement about artificial intelligence stocks. The Magnificent Seven accounted for nearly half of the upside, and Nvidia alone accounted for nearly one-quarter of the gains in the S&P 500.Importantly, this is the first time in the 21st century the S&P 500 has returned at least 20% through the first three quarters of the year. And history says that momentum could carry the index even higher in the fourth quarter.Here are the important details.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool