There Won't Be Another COVID-19 Lockdown. Here Are 3 Reasons Why
Unbelievably, stocks have recouped just about all of their losses from the coronavirus crash.
The NASDAQ reached an all-time high, topping 10,000 earlier this week, and until Thursday's plunge, the S&P 500 was in positive territory for the year, down just a few points from its all-time high on Feb. 19 before coronavirus fears swept the market.
A number of factors have supported the recovery, including signs that the economy is bouncing back, a sense of bullishness among traders who may be pushing some stocks into bubble territory, and a lack of new spikes in coronavirus cases, even as many states began reopening their economies over a month ago.
Source Fool.com
