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Here’s Why the S&P 500’s Defiant Rally Will Continue – CCN.com
Improving economic fundamentals, vaccine research progress and the possibility of additional stimulus will likely boost the S&P 500 Index.
- The S&P 500 Index has recovered nearly all of its pandemic-related crash.
- A gain of just 5% would see the S&P 500 index return to its record high.
- A steady stream of good news could make this a reality soon.
The S&P 500 Index reached a record high on February 19 when it hit 3,393 points. Then the pandemic killed the historic rally, sending the benchmark index down roughly 35% a month later.
Since hitting its March low, the S&P 500 has recovered s…
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