Even though the pandemic has killed more than 330,000 people in the United States, put millions out of work and shuttered businesses across the country, the market is now tipping into outright euphoria.
While the stock market ended with a small loss this past week, the S&P 500, Dow Jones industrial average and Nasdaq are just shy of record highs. Many investors, even those leery of growing signs of overconfidence, say it’s reasonable to expect stocks to continue to climb.