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Key indices like the S&P 500, the Dow, and Nasdaq have experienced a rollercoaster of ups and downs since the beginning of the COVID-19 pandemic. How does this week’s turnaround compare to others that traders have seen over the past year and a half?
The S&P 500 seems to be straining under the burden of global economic issues as the index’s down days continue to add up.
U.S. indices traded at record highs on Tuesday. The $1 trillion infrastructure bill passed by the Senate and a rebound in Oil prices may have been responsible for the rise.