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Coronavirus News: Stock Market, Economy Continue Coronavirus Rebound


Boosted by the launch of global vaccines and the promise of antiviral pills, coronavirus news appears less gloomy in 2021. The nascent rebound in the economy and stock market continue offer hope.




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Biotech and pharmaceutical companies Pfizer (PFE), Moderna (MRNA) and Johnson & Johnson (JNJ) have now launched coronavirus vaccines. Pfizer’s shot with its partner BioNTech (BNTX) is now available to children as young as 5. Further, the Food and Drug Administration recently signed off on booster shots.

On the treatment side, Regeneron Pharmaceuticals (REGN), Eli Lilly (LLY) and Vir Biotechnology (VIR) have launched infused antibody drugs, and new antiviral pills from Pfizer and Merck (MRK) with its partner Ridgeback Biotherapeutics are likely to soon gain authorization in the U.S.

Meanwhile, leading stocks to watch like Apple (AAPL), Microsoft (MSFT), Amazon (AMZN), and Nvidia (NVDA) are showing strength and resilience.

In these uncertain times, the best mutual funds are focusing on both newer IPOs like Rivian (RIVN) and established giants like Amazon and Apple to weather the storm and find new buying opportunities to tap into promising trends. The IBD Long-Term Leaders list can you help identify efficiently run companies with a long track record of stable earnings growth.

Coronavirus News: Navigating Coronavirus Crash & Rebound

Fears of a global Covid-19 pandemic battered the stock market in 2020. But the first treatment from biotech company Gilead Sciences (GILD) helped level the Covid playing field. Others, like AbbVie (ABBV), Sanofi (SNY) and Novavax (NVAX) are still testing new treatments and next-generation vaccines.

Diagnostic testing companies Abbott Laboratories (ABT), Quest Diagnostics (DGX) and Laboratory Corporation of America (LH) have also contributed to the battle against Covid. Now, the biggest question remaining is how long these companies will be able to ride the Covid windfall. The delta variant continues to rage across the globe, but vaccinations are on the rise.

Bookmark this page to stay on top of the latest coronavirus news and stock market developments. As you wade through the latest headlines, be sure to follow a sound investing routine to stay in sync with key buy rules and sell rules.

See More Coronavirus News

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