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Travel Stocks, Including Airlines, Hit Hard By Covid Fears, But Some Tech Stocks Show Strength

The market took a rough ride through the recent past Monday, crumbling under the weight of Covid as the virus quickly spread in the U.S. and across the world. The Delta variant raised questions about the strength of the recovery, and stocks that stood to benefit most from an economic revival—including travel firms—received the hardest blow.

AAPL

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Vaccine Stocks Climb After Moderna Added To S&P 500, With BioNTech Also Up

The first week of earnings season wraps up with major indices closely tracking the bond market in Wall Street’s version of “follow the leader.” Earnings absolutely matter, but right now the Fed’s policies are maybe a bigger influence. In the short-term the Fed is still the girl everyone wants to dance with.

AAL