Despite COVID-19 pandemic, U.S. stock market just hit a new high

MacDailyNews
Aug 18, 2020, 9:00 pm400 pts
The U.S. economy remains battered by the coronavirus outbreak and Congress is deadlocked on another stimulus bill – yet the U.S. stock market just closed at a record high. Has Wall Street missed the news that we are in a pandemic? Reuters: On Tuesday, the S&P 500 closed at 3,389.78, surpassing the closing high…

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