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SMLL - Why Are U.S. Stocks Flirting With Record Highs Amid A Global Pandemic?
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On the latest edition of Market Week in Review, Quantitative Investment Strategist Dr. Kara Ng and Research Analyst Laura Bardewyck discussed the S&P 500® Index's recent flirtation with record highs, the current state of fiscal stimulus discussions in the U.S. and rising tensions between China and the U.S.
U.S. equities churn higher as market rally continues
Despite the ongoing global pandemic, the S&P 500® Index came close to establishing a new record high on Aug. 12, closing just six points below its Feb. 19 record of 3,386. While this may seem counterintuitive, Ng