The Coronavirus Stock Market Crash: 1 Year Later
Exactly one year ago today, Feb. 19, 2020, the broad-based S&P 500 (SNPINDEX: ^GSPC) closed at what was then an all-time high of 3,386.15. Then, chaos ensued.
It was a well-known fact that a mysterious disease, which eventually came to be known as the coronavirus disease 2019 (COVID-19), was circulating in China in late 2019. On Jan. 13, the first case of COVID-19 was identified outside of China. One week later, the U.S. Centers for Disease Control and Prevention had confirmed the first stateside case in Washington State. Although positive cases continued to tick higher with each passing week, Wall Street seemed largely disinterested in this mysterious illness.
Everything changed after February 19.
Source Fool.com
