Here are some of the reasons why investors looked beyond the immediate economic wreckage wrought by the coronavirus pandemic:1. The efficient market theory, as it is known to its adherents, holds to the belief that the market prices most stocks correctly. Oil markets are calming down and prices are rising. U.S. oil prices are back near $25 per barrel and Brent crude, the international benchmark, is up near $30. ADThe Fed is launching a program to lend directly to Main Street businesses that fall in the crack between financial markets and existing small-business programs.

Source: Washington Post May 08, 2020 20:03 UTC