Last week, the S&P 500 Index came close to closing above a key level. Actually, it didn't come close.
It came very, very, very close.
The S&P 500 rose 2.7 percent over the course of the week, and hit its highest level in nearly two months after a strong February jobs report. In Friday's session, it also crossed above the key level of 2,000, which has developed importance for both psychological and historical reasons.
It didn't close above that level, however. Instead the S&P 500 closed at 1,999.99 — or more specifically, at 1,999.98722585876.
Never before has the S&P 500's closing price been that close to a number divisible by 100. Before Friday, the S&P had never seen a "99.99" close, Howard Silverblatt, senior index analyst at S&P Dow Jones Indices, told CNBC.
Silverblatt adds that there have been two closes right at a 100.00 value, but not in a while. The two dates in question are October 25th, 1979 and July 28th, 1978 — with the index closing at 100.00 each time.