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S&P 500 Turns Positive For 2020 In Impressive Pandemic Recovery
Summary: After dropping down as low as 30% this year, the S&P 500 has recovered all of it's 2020 losses as of Monday, June 8. The equity benchmark jumped over 47% from it's March low and turned positive. The S&P 500 is positive for 2020 by 0.05%. The impressive recovery comes as states across the nation ...
After dropping down as low as 30% this year, the S&P 500 has recovered all of it's 2020 losses as of Monday, June 8.
The equity benchmark jumped over 47% from it's March low and turned positive. The S&P 500 is positive for 2020 by 0.05%.
The impressive recovery comes as states across the nation move forward with reopening plans and is likely fueled by traders optimistic about economic growth following the pandemic.
The Dow Jones Industrial Average has cut it's losses to 3.3% and the Nasdaq Composite brought it's year-to-date gains to 10.6%.
By Emily Mason
Tags: Coronavirus,Reopening,S&P 500
Link: S&P 500 Turns Positive For 2020 In Impressive Pandemic Recovery [Copy]
