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S&P 500 Hits Record Close in Fastest Recovery Since 1982

The benchmark U.S. stock index rebounded from its March 30 low and has added $7.3 trillion in value, according to the source.

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Terms & Concepts
  • Market capitalization: The total market value of listed companies, often used to measure how much value an index has gained or lost.
  • Recovery rally: A rebound in asset prices after a sharp decline, often driven by improved investor sentiment or expectations for economic growth.