June 30, 2020 What a Second Round of Coronavirus Lockdowns Would Mean for the Stock Market

Summary: by Chris Taylor So far the stock market has remained surprisingly sanguine in the face of the economic and human toll of COVID-19. Now as new virus hotspots emerge in the U.S., investors are having to reassess. Even with stay-at-home orders, a total of 47 million jobless claims, and a national death toll of 124,000 and rising, the S&P 500 is actually down only 6% year-to-date. From the lows of March 23, it is up almost 40%.