Wall Street heads for pre-Covid peak
Stimulus and vaccine reports lift value stocks
11 August 2020 - 18:34
Bengaluru — The S&P 500 closed in on its February peak on Tuesday, returning to levels last seen before the onset of the coronavirus crisis that caused one of Wall Street's most dramatic crashes in history.
The benchmark index was about half a percent below the all-time high it hit on February 19, when investors started dumping shares in anticipation of what proved to be the biggest slump in the US economy since the Great Depression...
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