The CNN Business Fear & Greed Index, which looks at seven measures of market sentiment, is now showing signs of Extreme Fear. COVID-19 vaccine maker Moderna, which is set to be added to the S&P 500 later this week, rallied too, surging more than 9%. BioNTech, which makes a vaccine with Pfizer, rose 5%. Pfizer and Johnson & Johnson, maker of a third COVID-19 vaccine, were both slightly lower however. The S&P 500 has surged 13% this year and is also only 3% off its record high.
Source: Daily Sun July 19, 2021 19:18 UTC