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Stock Market Wrap-Up: Why This Safe-Stock Strategy Hasn't Worked in 2020

TheMotleyFool

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Stock Market Wrap-Up: Why This Safe-Stock Strategy Hasn't Worked in 2020

Thursday's stock market action reflected the tug of war going on right now between bulls and bears about the likely future course of the global economy. The rebound over the past several months has stemmed from rising optimism about getting past the worst of the COVID-19 pandemic, but with the coronavirus stubbornly sticking around and showing up more prevalently in new areas, many worry that a less favorable outcome is likely. The Dow Jones Industrial Average (DJINDICES: ^DJI), S&P 500 (SNPINDEX: ^GSPC), and Nasdaq Composite (NASDAQINDEX: ^IXIC) were relatively quiet today as market participants tried to pick sides.

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Source Fool.com

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