STOCK MARKET SURGES TO ALL-TIME HIGH

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The S&P 500 has just hit a new all-time high at 1851.55 this morning.

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The previous peak was on January 15, when the index hit 1850.84. After that, the market fell 6% through February 3. Since then, it has surged higher, erasing all of those losses and then some.

This morning, the index is up 0.8%, trading above 1851.

The chart below shows the move.

S&P 500

Thinkorswim

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More to come...