During the week of February 5th to February 9th, 2024, the S&P500 hit a new historic milestone, surpassing 5,000 points. Looking back at previous milestones (100, 1,000, 2,000, 3,000, and 4,000 points), we observe that these levels had little impact on slowing down the market pace.
Six months later, the indices kept climbing, recording an average increase of up to 8.0% compared to the average six-month return of 4.4%.