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Wall Street wiped out losses from Covid-19

2020-08-19T19:07:07.590Z


Driven by technological giants, the New York Stock Exchange rebounded to reach an all-time high.You lose your Latin! The world economy is on its knees, the health crisis is still raging and the New York Stock Exchange, the first on the planet, is soaring to unknown heights. The Standard & Poor's 500, Wall Street's benchmark, has just broken an all-time high. At almost 3400 points, it has regained all the ground lost with the health crisis and has even climbed by nearly 5% since the start of ...


You lose your Latin! The world economy is on its knees, the health crisis is still raging and the New York Stock Exchange, the first on the planet, is soaring to unknown heights. The Standard & Poor's 500, Wall Street's benchmark, has just broken an all-time high. At almost 3400 points, it has regained all the ground lost with the health crisis and has even climbed by nearly 5% since the start of the year.

Read also: The insolent health of the stock markets in the midst of the economic crisis

Since its low in March, it has offered a formidable rebound of more than 50%. For Alexandre Baradez, strategist at IG France, "the massive and rapid reaction of the major central banks and governments has largely contributed to restoring confidence in the markets" . An opinion shared by John Plassard, investment specialist at Mirabaud: "The S&P 500 curve almost perfectly matches that of the US Federal Reserve's balance sheet." Since the Covid-19 storm broke, the Fed's record, which reflects its strike force, has been

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Source: lefigaro

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