S&P 500 Sets First Record Since February, Erasing Its Coronavirus Plunge

The S&P 500 closed at its highest level ever Tuesday, capping a remarkable rebound fueled by unprecedented government stimulus and optimism among investors about the world’s ability to manage the coronavirus pandemic. The benchmark U.S. stock index rose 0.2% to close at 3389.78, surpassing its prior record of 3386.15 from Feb. 19 and erasing a…

The S&P 500 closed at its highest level ever Tuesday, capping a remarkable rebound fueled by unprecedented government stimulus and optimism among investors about the world’s ability to manage the coronavirus pandemic.

The benchmark U.S. stock index rose 0.2% to close at 3389.78, surpassing its prior record of 3386.15 from Feb. 19 and erasing a historic plunge during February and March that ended the longest-running bull market in history. The S&P 500 is now up 4.9% this year.

Read More

Related articles

GM Furloughs More Workers as UAW Strike Carries Into Second Week

A United Auto Workers strike at General Motors Co. appeared headed into its ninth day, in a work stoppage that has led to temporary layoffs for thousands of workers at GM facilities in the U.S. and Canada who aren’t involved in the walkout. The strike is already the longest nationwide walkout at GM since 1970,…

California Sues U.S. to Regain Power Over Auto Emissions

Need help? Contact us We’ve detected unusual activity from your computer network To continue, please click the box below to let us know you’re not a robot. Why did this happen? Please make sure your browser supports JavaScript and cookies and that you are not blocking them from loading. For more information you can review…