US Stocks in 2020: A Year for the History Books

US Stocks in 2020: A Year for the History Books
Raindrops hang on a sign for Wall Street outside the New York Stock Exchange in Manhattan in New York City, N.Y., on Oct. 26, 2020. Mike Segar/Reuters
Reuters
Updated:

NEW YORK—The year 2020 was a wild one for Wall Street, bookended by the end of the longest bull market in history with the battering of equities by the COVID-19 shutdowns, and a bungee-cord rebound on hopes for an economic recovery that resulted in the shortest bear market on record.

After closing at a record high on Feb. 19, stocks suffered a month-long plummet as the coronavirus pandemic and related government lockdowns sowed panic about the damage to the economy in the United States and globally.