Abstract:S&P Excellence
December 27, 2021
In a year marked by new Covid variants, supply chain disruptions and a fits-and-starts U.S. economic recovery, the S&P 500 smashed old records en route to a 26% gain and the creation of $8.6 trillion in value.
The benchmarks steady march higher has helped push it to a fresh record 68 times this year, the second-most ever, topped only by 1995. Put another way, the S&P managed a record close on nearly 30% of all trading days in 2021.
The explosion of SPAC listings has helped drive initial public offerings on U.S. exchanges to a record. Nearly 1,110 firms made their trading debuts in 2021, raising roughly $337 billion.
Electric pickup maker Rivian Automotive Inc. led the way, raising $13.7 billion in November in what was the 12th-biggest IPO of all time across all exchanges, data compiled by Bloomberg show. South Korean e-commerce giant Coupang Inc. came in second with its $4.6 billion listing in March.
OnePro Special Analyst
Buy or sell or copy trade at www.oneproglobal.com
The foregoing is a personal opinion only and does not represent any opinion of OnePro Global, nor is there any guarantee of reliability, accuracy or originality in the foregoing.
Forex and CFD trading may pose a risk to your invested capital.
Before making an investment decision, investors should consider their own circumstances to assess the risks of investment products. If necessary, consult a professional investment advisor.
www.oneproglobal.com