Why did the Dow Jones rally on the same day it was revealed the US had entered recession?

On the same day, the Dow Jones Industrial Average (DJI) jumped 3.2 percent to close at 27,110.98. This was the highest closing since February 25, four days before the first reported American death. Paul Craig, portfolio manager at Quilter Investors, explained to express.co.uk why the market appeared to behave differently from other economic indicators: “Stock markets around […]

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