NewsWatch: Nasdaq closes above psychological milestone at 10,000, even as the economy is in recession—here’s how we got here

The Nasdaq Composite Index closes¥ at an important milestone for the first time on Wednesday, underscoring the rebound in technology-related stocks following the coronavirus rout that has helped to crystallize the view that parts of the stock market have entered a new bullish phase.

The Nasdaq Composite Index closes¥ at an important milestone for the first time on Wednesday, underscoring the rebound in technology-related stocks following the coronavirus rout that has helped to crystallize the view that parts of the stock market have entered a new bullish phase.