Why stocks don’t seem worried about the surge in COVID cases

Why stocks don’t seem worried about the surge in COVID cases

he Nasdaq hit a record high to start the week, with this push to record highs coming as COVID case counts hit a record ahead of the holiday weekend and show little let-up in hard hit states like Florida, Arizona, and California.

In an email on Monday, Renaissance Macro’s Neil Dutta offered three potential answers — more fiscal support, the rest of the world doing a better job containing the virus, and positive expectations regarding vaccine development…

Source: YahooFinance

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