Trader Peter Tuchman and specialist trader Michael Pistillo greet friends as they exit the New York Stock Exchange, (NYSE) wearing DOW 30,000 hats, in New York, U.S., November 24, 2020.
Brendan McDermid | Reuters
The pandemic turned 2020 into a year of unprecedented events — not the least of which was the swift crash and then record-fast recovery of the stock market.
The market’s race higher has been in stark contrast to an economy that has been growing slowly.
Many small businesses are struggling, and more than 10.7 million people are unemployed, according to Labor Department monthly data.