'Rally of hope': Why the S&P soared back past 3,000

May 26, 2020 by  
Filed under News

Unthinkable just two months ago as the world economy shut down in response to the coronavirus pandemic, the U.S. stock benchmark S&P 500 index broke through the psychologically-important 3,000 level on Tuesday, capping a 37% stock rally since its March low.

Source: Reuters Business News

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