Even as 20.5 million people lost their jobs in April, the S&P 500 stock index logged its best month in 33 years. After a few weeks of wild swings, the market is down a mere 9.3 percent this year and 13.5 percent from its peak — what most investors would consider a correction.
On Friday, after the government released the staggering unemployment figures, the S&P 500 closed up 1.7 percent. READ MORE AT THE NEW YORK TIMES
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