S&P 500 breaks past 1,800 for the first time ever

The S&P 500 index went past 1,800 points for the first time in its history when the US markets opened this afternoon, as the bull market in US equities continues.

The index opened at 1,798.82 points but quickly moved past 1,800 in the opening minutes of trading before slipping back again.

At 1,800, the market has risen by 28.9 per cent in the past year and quickly shrugged off concerns about the shutdown of the US government in October and the prospect of a reduction in the US Federal Reserve’s quantitative easing programme.

Article continues after advert