Investors Appear Unfazed by the Surge in Coronavirus Cases – Are They Becoming Complacent?
(WorldNews Netherlands)

After their strongest quarter since 1998 in the second quarter, U.S. stocks have picked up right where they left off to start the third. After climbing 1.8 percent last week, the S&P® 500 index is higher by 2.7 percent since June 30, with positive returns in five of the seven trading days. After reaching a recovery high of 3232 on June 8, the index stumbled badly on June 11, falling 7.1 percent that day alone. But the renewed strength of the past two weeks has erased most of that damage, and the index closed on Friday at 3185, just 1.5 percent below that recovery high. And futures are pointing to a higher opening to start the week. While it may come as a surprise to some, investors...