But stocks still rallied, with the S&P 500 and Dow finishing the session 1.2% and 1.7% higher, respectively. The S&P 500 has now erased its losses for the year and is back in positive territory. "Given the backdrop of extremely low interest rates and inflation, the S&P 500 may not be overvalued at all," Brian Belski, chief investment strategist at BMO Capital Markets said in a recent note to clients. Bespoke Investment Group points out that every stock in the S&P 500 has increased since the index hit its low point on March 23. He also said the company no longer offers general purpose facial recognition or analysis software.

Source: CNN June 09, 2020 12:11 UTC