S&P reaches milestone 2000 market

The S&P index closed above 2000 for the first time Tuesday. U.S. stocks have held up in the wake of corporate earnings growth and low interest rates have helped support this year's advance. 

While investors have the lingering thought of a correction past data for the immediate future might suggest otherwise. For example, past behavior of the S&P 500 tends to continue rallying following the passing of a market milestone, Two weeks after the passing of a century denomination, the SP 500 &averages a 1% gain and is positive 79% of the time. Three months later, the index averages a 3.6% gain and is positive 89% of the time.