NEW YORK : Has Wall Street missed the news that we are in a pandemic?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.While it may seem that investors have failed to factor in any of the bad news weighing on most U.S.
households, there are several key reasons why the stock market has recovered and could rally even higher.On Tuesday, the S&P 500 closed at 3,389.78, surpassing the closing high of 3,386.15 from Feb.
19 - confirming the end of the its shortest bear market in history."Main Street lives for today, whereas Wall Street focuses on tomorrow," said Sam Stovall, chief investment strategist at CFRA. "There's been a.