How the Stock Market Hit Record Highs as the Pandemic Worsened
Friday was a good day on Wall Street, as the stock market moved higher even in the face of huge challenges. Between the presidential transition in Washington, the COVID-19 pandemic, and tough economic and business conditions throughout much of the world, market participants nevertheless proved to be resilient. The Dow Jones Industrial Average (DJINDICES: ^DJI) climbed almost 400 points, but it was the S&P 500 (SNPINDEX: ^GSPC) that found itself at an all-time high.
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Source Fool.com