The Covid-19 crisis has slowly pervaded equity markets. The Russell 1000 hit an all-time high on February 19, before beginning its precipitous slide.
The Covid-19 crisis has slowly pervaded equity markets. Even though the first case in the US was discovered in Washington State on January 21, equity markets did not give it much attention. In fact, the Russell 1000 hit an all-time high on February 19, before beginning its precipitous slide. On February 19, the Russell 1000 was up 5.4% and on track for another stellar year, but it finished the quarter down by 24.3%.
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