The S&P 500 hit an all-time high in today’s market session, tying the longest bull market recorded and could go down in history as the longest ever by Wednesday’s session. S&P 500 ETFs gained on the index’s upward momentum–the SPDR S&P 500 ETF (NYSEArca: SPY) rose 0.34%, the iShares Core S&P 500 ETF (NYSEArca: IVV) gained 0.33% and the Vanguard S&P 500 ETF (NYSEArca: VOO) was up 0.34%.
Come Wednesday, the bull market will officially turn 3,453 days old, making it the longest in history. Today, the S&P 500 tied the bull market record that ran from October 1990 to March 2000.
The S&P 500 gained the necessary 0.5% to hit its new record, getting a boost from Discovery Inc and Medtronic PLC–both up 5.8% and 5.5%, respectively. By the middle of the trading session, indexed ticked past 2,872 points to tie a previous January 26 high.