(Bloomberg) — An equity market bounce that has weathered a pandemic, shut-down economies and tens of millions of lost jobs now must navigate spiraling civic unrest with the potential to exacerbate all of it.American stocks enter June more than two-thirds of the way back from a rout that erased $12 trillion from share values, thanks to a 36% rally since March that has defied every bearish prognostication. An astonishing display of resilience, the rally has pushed S&P 500 valuations to the highest in 20 years as it spread to industries like banks and airlines.Along with central bank support, prospects of …read more
Source:: Yahoo Finance
