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.
Source Fool.com
