The last time the S&P 500 (SPY) was at such lofty levels was in August of last year. Back then the S&P 500 closed at $4305.20 on August 16 before plummeting to a low of just under $3500 in less than two months.
The S&P 500 has now regained virtually all the lost ground, finishing at $4282.37 on Friday.
