The coronavirus pandemic has taken the world by storm, and it’s not over yet. The number of COVID-19 infections has spiked dramatically across the country, according to data from the Centers for Disease Control and Prevention (CDC), and many businesses are closing their doors again shortly after reopening.
The stock market, however, doesn’t appear to be bothered by the pandemic. In fact, on the same day that the National Bureau of Economic Research announced that the U.S. is officially in a recession, the S&P 500 recovered its losses and turned positive for the year.
