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The monkey is now off the S&P 500’s back!After teasing investors over multiple attempts in recent trading sessions, the benchmark US stock index has finally registered a new record high after closing at 3389.78 and fully wiping out its losses since the global pandemic began. The S&P 500 is now up nearly five percent on a year-to-date basis, and US equity futures are inching higher at the time of writing.Looking back at past instances when the benchmark index broke even following a bear market, the S&P 500 has historically added another 4.5 percent over the ensuing six... Read More
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