Stock market reacting to COVID-19

The stock market has been severely impacted by the Coronavirus pandemic around the world. As Governments announce stimulus packages, the stock market appears to be reacting. Kim Light with Heritage Bank of the Ozarks says the market is reactive to decisions within the Federal Government.

The latest decisions being made in Washington have to do with a $2-trillion-dollar stimulus package, which supporters claim would put money into the hands of those who are not working due to the Coronavirus. According to some of the latest reports, unemployment claims rose to over 3-million in the U.S. last week.