Published on 2 Jun 2024 on Motley Fool via Yahoo Finance
This Is Just the 3rd Time in 25 Years the S&P 500 Has Done This
The stock market's hot start to 2024 is still going strong, with the S&P 500 continuing to break records, recently hitting 5,300. Growth opportunities in artificial intelligence and hopes for better-than-expected economic conditions highlight some of the factors that have helped investors remain bullish on the markets of late.
But even if you were optimistic on the markets, you may not have expected this impressive of a start to the year. And make no mistake, it's already an incredibly strong year for the index as the S&P 500 has rarely been up this much this quickly.