4 Reasons The Stock Market Has Rebounded Near All-Time Highs Despite the Biggest Economic Downturn Since. – Business Insider

4 Reasons The Stock Market Has Rebounded Near All-Time Highs Despite the Biggest Economic Downturn Since. – Business Insider

Reuters / Brendan McDermid

• The stock market is poised to hit all-time highs, with the S&P 500 trading less than 1% below its intraday high of 3,393 on Tuesday.
• The Nasdaq 100 recently hit all-time highs as tech stocks led the rally from the market bottom on March 23.
• Meanwhile, the economy is suffering – the unemployment rate is over 10% and second-quarter GDP fell 32.9%, the worst on record.
• G…

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