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Meme Madness, 68 New Highs: Superlatives Abound in 26% S&P Rally

  • S&P 500 Index has hit 68 records this year, most since 1995
  • Meme frenzy, record IPOs and China rout made for eventful year
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Superlatives followed one after another in 2021’s wild ride for U.S. stock investors.

The most all-time highs in 26 years. Triple-digit rallies in some small caps thanks to retail-trader frenzies. A $1 trillion rout after China cracked down on some of its biggest companies.