Marketplace®

Daily business news and economic stories
Jul 22, 2020

Why are stock markets reaching pre-pandemic highs?

Markets are recovering even though data shows no signs of COVID-19 slowing in the U.S. A billion dollar lawsuit over a dam collapse in Brazil is being lodged in the U.K. Book publishing faces pandemic and diversity challenges.

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The S&P 500, the pan-European Stoxx 600 index and Frankfrut's Dax have all reached pre-pandemic highs.
The S&P 500, the pan-European Stoxx 600 index and Frankfrut's Dax have all reached pre-pandemic highs.
Spencer Platt/Getty Images

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Correction (July 22, 2020): An earlier version of this podcast was not specific enough about market levels. The market indices referred to in Europe are nearing the highs they were at before the COVID-19 crisis. The audio has been corrected.

The Team

Why are stock markets reaching pre-pandemic highs?