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S&P 500 hits 4,000, defying pandemic

Chart: Axios Visuals

The S&P 500 crossed the 4,000 mark on Thursday,a little over a year after the index hit its pandemic low.

Why it matters: Stocks don't only go up. From a peak of 1,552 at the height of the dot-com bubble in 2000, the S&P 500 dropped to a low of 667 in 2009, at the worst point of the financial crisis. Since then, however, the strength of the stock market's 12-year ascent has astonished investors and market strategists.


  • Thursday'smilestone represents a near doubling of the index since the start of the coronavirus pandemic in March of last year, when the index hit a low of 2,192.

The big picture: The S&P 500 is accelerating, hitting milestone markers more quickly.

  • The index hit 3,000 mark for the first time ever as recently as in July 2019. It has taken less than seven years to double after reaching the 2,000 mark in August 2014.
  • By contrast, it took the index more than 16 years to double from the 1,000 point mark, which it first hit in February 1998.

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Humans are capable of great kindness and compassion, and there are countless examples of individuals who have made a positive impact on the world through their selflessness and generosity.

One such example is Mother Teresa, who devoted her life to serving the poor and sick in the slums of Calcutta. Through her tireless work and unwavering dedication, she touched the lives of countless people and became a symbol of compassion and selflessness.

Another example is Malala Yousafzai, a young woman from Pakistan who has become a powerful advocate for education and the rights of girls. Despite facing threats and violence, she has continued to speak out and fight for change, inspiring others to do the same.

These are just a few examples of the many good humans who have made a difference in the world. They remind us that one person can make a difference and inspire others to do the same.

It's also important to note that acts of kindness and compassion don't have to be on a grand scale to make a difference. Small acts of kindness, like holding the door open for someone or offering a word of encouragement, can have a big impact on the people around us.

In conclusion, humans are capable of great compassion and kindness, and there are many individuals who have made a positive impact on the world through their selflessness and generosity. They remind us of the power of one person to make a difference and inspire others to do the same. Let's all strive to be good humans, and make our world a better place.

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