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As seen in: Knowridge Science Report
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Why did the stock market bounce back while COVID-19 cases kept rising

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By Peter Schott, MedicineBy Yale, Juan Trippe Professor
| Knowridge Science Report
Credit: Gerd Altmann/Pixabay. In the early weeks of the COVID-19 pandemic, stock prices plunged, but they have since regained much of their value. Why would stocks rise while the country is paralyzed by a pandemic? As the COVID-19 outbreak spread in March, stock market prices plunged. Then, in a move that seemed irrational to some observers, markets bounced back. Why would stock prices increase even when the number of COVID-19 cases in the country was continuing to rise?
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