UPDATE 1-GRAPHIC-Nasdaq hits record high as U.S. recession becomes official
June 08, 2020 at 16:22 PM EDT
On the same day that the Nasdaq marked a new bull market, the U.S. economy was officially declared to be in a recession. The two milestones on Monday illustrate how an 11-week surge in stocks has occurred despite widespread economic devastation fueled by the coronavirus pandemic.
