UPDATE 1-GRAPHIC-Nasdaq hits record high as U.S. recession becomes official
On the same day that the Nasdaq marked a
new bull market, the U.S. economy was officially declared to be
in a recession. The two milestones on Monday illustrate how an
11-week surge in stocks has occurred despite widespread economic
devastation fueled by the coronavirus pandemic.
new bull market, the U.S. economy was officially declared to be
in a recession. The two milestones on Monday illustrate how an
11-week surge in stocks has occurred despite widespread economic
devastation fueled by the coronavirus pandemic.
Posted by Reuters
