"Stock Market Hits All-Time Highs Amid Tech Stock Boom"

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Source: Yahoo Finance
"Stock Market Hits All-Time Highs Amid Tech Stock Boom"
Photo: Yahoo Finance
TL;DR Summary

The S&P 500 closed at a record high on Monday after a two-year streak without a record high, and historical data suggests that this break between records bodes well for the market's performance in the coming year. In 13 of the 14 prior instances when the index went at least a year between record highs, the S&P 500 was higher 12 months later, with an average gain of 14%. This trend indicates a positive sign for the market's future performance, although it's important to consider other factors as well.

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