S&P Closes 2020 With Record High

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Posted: Jan 04, 2021 1:13 PM
S&P Closes 2020 With Record High

Source: AP Photo/Richard Drew, File

The S&P 500 (Index: SPX) managed to close 2020 at a new record high of 3,756.07, the 33rd record set by the index during the year that was!

2021 begins with investors continuing to focus on the second quarter of the new year, as indicated by the alternative futures spaghetti chart, where we're updating to complete 2020-Q4 for the last time!

To see the chart, click here.

Next week, we'll roll the calendar forward show the dividend futures model's projections for 2021-Q1.

Not much unexpected happened during the final two trading weeks of 2020, where what little happened to affect the U.S. stock market is largely summarized by the following headlines.

Monday, 21 December 2020
Tuesday, 22 December 2020
Wednesday, 23 December 2020
Thursday, 24 December 2020
Monday, 28 December 2020
Tuesday, 29 December 2020
Wednesday, 30 December 2020
Thursday, 31 December 2020

Elsewhere, Barry Ritholtz only summarized the positives and negatives he found in the trading week ending on Christmas Eve, but he did recap the most popular posts at The Big Picture for all of 2020!

For those who track U.S. stock market history, the end of 2020 marks another significant milestone, which we'll commemorate on Friday, 5 January 2021!...