S&P 500 tops 3,000 for the first time since early March as Federal Reserve bailout works

See! You should never bet against the Federal Reserve.

On Tuesday, the S&P 500 surged more than two percent to top 3,000 for the first time since early March.

Other leading stock indexes, such as the Dow Jones Industrial Average and the Nasdaq, also returned to their best levels in about two months.

This should be the case if the Federal Reserve is pumping trillions of dollars into Wall Street by cutting interest rates, buying up corporate bonds, and giving everyone money.

Of course, investors are also optimistic about the economy reopening and the development of a vaccine.

Unless a second wave forces the U.S. to shut down again, you can expect to see the stock market regain much of its losses.

Put simply, if you entered the market on March 23, you are seeing nothing but green in your portfolio right now.