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S&P 500 hits record high for all the wrong reasons Add to ...

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The S&P 500 surpassing the 2000-threshold in intraday trading on Monday is a big deal. Too bad, though, that the achievement was driven by hopes for more central bank stimulus.

The bull market is now five-and-a-half years old, and in this time U.S. stocks have tripled from their bear-market lows in early 2009.

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