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S&P 500 index tops 3,000 for first time — here’s how the stock market got here and what it means

Mark DeCambre
S&P 500 index tops 3,000 for first time — here’s how the stock market got here and what it means

Five years in the making. That is essentially the time it has taken for the S&P 500 to hit a milestone mark at 3,000 for the first time in its history. The stock gauge first closed at 2,000 on Aug. 26, 2014, according to Dow Jones Market Data.