Since the S&P 500's financial crisis low in March 2009, the American benchmark stock index has gone more than nine years without sinking into a bear market - a fall of more than 20pc from its 52-week high.
People walk by a Wall Street sign close to the New York Stock Exchange (NYSE) in New York, U.S., April 2, 2018.
The Dow Jones Industrial Average edged down 16 points, or 0.1 percent, to 25,805. "I do expect the markets to go back and forth, but today the swings are not that large", said Peter Lazaroff, co-chief information officer at Plancorp in Saint Louis, Missouri.
And even without a near-20% drop, there have been periods in just the last three years for USA stock market investors that were less than exuberant.
Pope Francis arrives in Ireland for landmark visit
A plane carrying Francis and his entourage landed at Dublin International Airport on Saturday after a two-hour flight from Rome. Pope Francis leads a mass to mark the first World Day of the Poor on 19 November 2017 at St Peter's Basilica in Vatican.
The S&P consumer discretionary index climbed 0.9 per cent as shares of off-price retailer TJX Companies Inc rose on strong results and Toll Brothers Inc's encouraging quarterly report boosted shares of homebuilders.
For all the exuberance, some noted Wednesday that the current bull market's status isn't firmly cemented until the S&P 500 closes above its January 26 closing high of 2,872.87.
The Dow Jones Industrial Average fell 88 points, or 0.3 percent, to 25,733.
The optimism pushed the small-cap Russell 2000 index up as much as 0.82 percent to a record high.
S.Africa Lashes Trump Over Land 'seizures' Tweet
The stark disparity stems from purchases and seizures during the colonial era that were then enshrined in law during apartheid . The Anti-Defamation League issued a statement criticizing Trump's missive, saying that it echoed white supremacists.
Whether it be gridlock in Congress, government shutdowns, global trade wars or major health care reforms, the S&P 500 trudged higher through it all. The tech-favored Nasdaq Composite has increased with a 611 percent gain.
The minutes of Fed's August policy meeting on Wednesday are expected to indicate the central bank's confidence in economic growth and commitment to future rate hikes. For the year, it's now up 7 percent. Target shares ended the session up 3.2 percent. Target rose 4.8 percent and Lowe's jumped 7.5 percent.
The index only crossed the threshold on an intraday basis on Tuesday, when it briefly hit 2,873.23.
An inverted yield curve - in which yields on two-year Treasury bonds surpass yields on 10-year Treasury bonds - has historically been a reliable indicator of a recession, and the yield curve has been relatively flat in recent quarters.
'An American hero': Touching tributes flow for John McCain
The Times cited McCain's "rocky relationship" with the president as the reason Trump was not on the invite list. Elaine and I join all Americans in mourning the passing of our dear friend and colleague Senator John McCain .