The S&P 500 Just Did Something It Hasn't Done in 2 Years. History Says the Stock Market Could Do This Next
The S&P 500 (SNPINDEX: ^GSPC) recently reached a new record high for the first time in more than two years. That means the index is officially in bull market territory. Some key dates from the last two years are detailed below:
So, what comes next? Historically, the S&P 500 has moved much higher during the two-year period following a new bull market. To be perfectly clear, all forecasts are fallible, and predictions always involve some guesswork, so investors should never lean too heavily on such speculations. That said, studying the stock market's past performance can still provide worthwhile insight.
The S&P 500 has been through 10 bull markets since its inception in March 1957, according to Yardeni Research. The chart below details the start date for each bull market, and it shows how much the S&P 500 gained during the subsequent two years.
Source Fool.com
