The pandemic had a significant impact on the U.S. stock market. The strong performance of big companies fueled the U.S. stock market recovery. However, medium companies declined, and smaller companies got hit the hardest. While the S&P registered growth by mid-July 2020, mid-caps were down 10%, and small caps dropped by 15%. Brands that were already going down, like JCPenny and Neiman Marcus, got hit the hardest. A large portion of the stimulus capital that entered U.S. capital markets went towards innovative firms.
What will the world of business look like after the coronavirus pandemic? The pandemic will accelera...
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