Can Coronavirus Vaccine Stocks Keep Lifting the Stock Market?
The stock market has performed extremely well lately, with several major market benchmarks rising to record highs in the past few weeks. A big portion of the enthusiasm for stocks lately has come from pharmaceutical and biotech companies coming out with various vaccine and treatment candidates to fight against the COVID-19 pandemic.
Given how important finding an end to the coronavirus crisis is for the entire world, it's not surprising that investors have celebrated the companies that have managed to deliver promising treatments and vaccines. But many market participants wonder how much more upside there could be for markets once vaccines become readily available and treatments start to work more effectively. At some point, the stock market could start losing its upward momentum even as more good news surfaces.
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Source Fool.com
