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Author Image: Gail Marks Jarvis

Gail Marks Jarvis

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NEW YORK, NY - AUGUST 04:  Traders work on the floor of the New York Stock Exchange before the closing bell on August 4, 2011 in New York City. The Dow plunged 512.76 points and is down more than 1,200 points since July 21. It was the market's largest one-day drop in more than two years.  (Photo by Mario Tama/Getty Images)
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German trader Matthias Praeger check his monitors at the stock exchange in Frankfurt.
The S&P 500's latest record takes the index to more than triple its low point of 666 on March 9, 2009, when the bull market began. Above, a TV monitor displays news on the floor of the New York Stock Exchange on Tuesday.