Menu
Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

Could the S&P 500 Hit 4,000 in 2021?


This year has featured a little bit of everything. During the first quarter, the broad-based S&P 500 (SNPINDEX: ^GSPC) plunged into bear market territory faster than ever before. The ensuing eight-plus months brought a ferocious snap-back rally. When the checkered flag waves in a little over two weeks, we might be looking at gains well above historical norms.

Can we expect a repeat performance in 2021?

With the S&P 500 sitting at 3,663 as of mid-December, it would only take a roughly 9% move higher to hit the psychologically important 4,000 level. It's plausible that the S&P 500 might really reach 4,000 in 2021, especially with the following five catalysts in the market's sails.

Continue reading


Source Fool.com

Like: 0
Share

Comments