US stocks hit record high after Covid crisis rebound – The Irish Times

US stocks hit record high after Covid crisis rebound – The Irish Times

The Wall Street benchmark stock index hit an all-time high after rallying more than 50% of the bear market low hit during the darker days of the coronavirus crisis.

The S&P 500 Index rose 0.3% early in Tuesday to a high of 3,395, eclipsing the previous record set in February, before the pandemic hit Wall Street and global financial markets.

The barometer has climbed 54% since the trough hit on…

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