FIN 320: Discuss which factors had caused the U.S. stock market to reach new heights in February 2020 before falling sharply due to the emergence of the COVID-19 pandemic?

Please respond to the following:

• Discuss which factors had caused the U.S. stock market to reach new heights in February 2020 before falling sharply due to the emergence of the COVID-19 pandemic. Support your findings by providing relevant data from reputable sources.