After see-sawing during much of the trading week, the S&P 500 rose to close the volatile week at 2,874.56. That is 511.59 points lower than the record high closing value the S&P 500 hit back on 19 February 2020, just before the spreading coronavirus pandemic sent stock prices crashing, and that is 637.16 points higher than the bottom of 2,237.40 the index recorded on 23 March 2020, which marks the beginning of when the Federal Reserve finally began ramping up major interventions to provide liquidity to cash-starved businesses.
Through the close of trading on