The coronavirus or “COVID-19” has become known as impacted the entire world. This “COVID-19” is caused by a specific coronavirus called SARS-CoV-2. It saw a surge among older people and those with immune deficiencies in late 2019 and through 2020. While global health was a huge concern, the health of global stock markets has been just as important.
Very few times has history seen something like this and COVID-19 has set itself apart from the rest. Thought to have started in Wuhan, China, the virus rapidly spread across the globe. It infected scores of people and killed many. Without an evident vaccine, global economies completely shut down in order to stall the spread of the virus.
Coronavirus & The Stock Market Today
When it comes to the coronavirus and the stock market today, there are many different ways investors have hedged. Some have flocked to gold stocks, while others have focused on biotech and health care stocks. In between, we’ve also realized that a number of tech stocks can also help bring the world closer together while people socially distanced themselves.
On the other hand, financial stocks, certain energy stocks, and other asset classes have seen a rougher time in the stock market. To help readers navigate through the impact of coronavirus, we’ll continue to bring live coverage and breaking stories to keep you ahead of the trends pushing the stock market’s direction right now. We’ll also update on the spread of the coronavirus to offer a glimpse of the magnitude of its global impact.
3 COVID-19 Vaccine Stocks In Focus After AstraZeneca’s Vaccine Clinical Trial Paused
One company’s loss is other companies’ gain, or is it?