Investors Are Betting The S&P 500 Reaching 4,000 Is Just The Beginning

Chart: Axios Visuals The S&P 500 closed over 4,000 on Thursday for the first time, having nearly doubled its coronavirus pandemic low of 2,192 in just over a year. Why it matters: “Round numbers can be big psychological barriers for markets, so breaking 4,000 could provide a confidence boost to stocks in the short term,” Lule Demmissie, president of Ally Invest, says in a…