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Stock Market Today: Stocks Rise on Less Deadly Concerns

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  Markets are forward-looking mechanisms, and it's good when price action shows there's a future to look forward to.


On March 17, 2020, the stock market experienced gains as concerns about the lethality of the coronavirus appeared to lessen, with the Dow Jones Industrial Average rising by 1,049 points, or 5.1%, to close at 21,237, the S&P 500 increasing by 3.4%, and the Nasdaq Composite advancing by 2.3%. This surge was influenced by a report from the National Foundation for Infectious Diseases suggesting a lower death rate from the virus than previously feared, alongside positive developments in potential treatments and vaccines. Despite these gains, the market remains volatile, with significant weekly losses still recorded, and investors are advised to stay cautious as the situation continues to evolve.

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