These 3 Coronavirus Vaccine Stocks Are Lifting the Nasdaq to New Records
It was a day late, but the stock market gave thanks on Friday morning with solid gains. As we've seen a lot during 2020, the Nasdaq Composite (NASDAQINDEX: ^IXIC) led the way higher, rising on hopes that 2021 will bring a full recovery from the yearlong COVID-19 pandemic and the economic devastation that has been seen around the world. As of approximately 11 a.m. EST, the Nasdaq Composite was higher by more than 1%, pushing it further into all-time record territory.
Coronavirus vaccines will be a major contributor to any future return to more normal conditions, both in the economy and everyday life. The stocks that have made the most progress toward vaccines and treatments to fight COVID-19 were among the best performers on Friday, and these five, in particular, helped boost the Nasdaq.
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Source Fool.com