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Wall Street closes out wild pandemic year with Dow, S&P at records

From reuters.com

U.S. stocks ended a tumultuous year with the Dow and S&P 500 at records, as the three major U.S. equity indexes notched solid-to-spectacular yearly gains despite an economy upended by the COVID-19 virus as investors looked to a post-pandemic world. In a year that marked the end of the longest bull market on record as pandemic-induced government lockdowns battered the global economy, equities stormed back, with the S&P 500 climbing more than 66% from its March 23 low, resulting in the shortest bear market in history. The gains, which sent the Dow and S&P to record highs to close out the year and the Nasdaq to a record ... (full story)

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  • Category: Fundamental Analysis