It has certainly been an interesting couple of months in the stock market, with the coronavirus pandemic causing massive drops in markets around the world. But the U.S. stock market has recently given investors a huge reason to celebrate. In a big way, the stock market has welcomed everyone back to American soil like a long lost family member.
The Dow Jones Industrial Average opened above 26,000 points on Tuesday, accompanied with the S&P 500’s game-changing report that hit a maximum of 3,000 at one point in the day. Investors who have been withstanding the volatile environment created by the virus have now been rewarded as massive gains have been seen for some of the world’s largest companies.
The tech-heavy Nasdaq index has also skyrocketed, with Apple, Microsoft, and Amazon all experiencing increases in their stock prices. This is an encouraging sign for those who have weathered the storm and stayed invested.
The U.S. economy is now on the path to recovery, and with talks of stimulus packages from both the federal government and the Federal Reserve, investors are sure to have more confidence as more money is injected into the market.
The U.S. stock market’s welcome to everyone is a sign of strength and resilience, as it reflects the strength of the American people. We are not just a country built on an economy, but an economy built on people. This wave of hope is a brilliant ray of sunshine in an otherwise tumultuous time, and will hopefully act as a reminder to those who are bundling up back home that good will prevail in the end.
