When the S&P 500 finishes a year 25% higher, the market usually has more room to run the following year.
Going back to 1928, there have been 17 occasions when the S&P 500 has scored an annual gain bigger or equal to 25%.
Going back to 1928, there have been 17 occasions when the S&P 500 has scored an annual gain bigger or equal to 25%. And 71% of the time, the S&P 500 is positive in the following year with an average gain of 7%, a CNBC analysis using FactSet data found.
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