
Stocks haven’t fallen this much since 2020. Their recovery could look different this time.
The S&P 500 (^GSPC) just saw its worst week since COVID-19 brought the world economy to a halt in March 2020. The benchmark index fell roughly 9% between March 31 and April 4 in a tariff-fueled sell-off. Similarly, as the pandemic spread throughout the United States, stocks lost 12.5% in five trading sessions in 2020….