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| less than a minute read

Hope on the horizon

The announcements that we will soon have vaccines that are 90-95% effective, and additional COVID relief are bringing optimism to Wall Street. What sectors of the economy will recover in 2021?

Despite the tumult of 2020, the S&P 500 is up 14% for the year, while the surge in technology shares has helped the Nasdaq soar 38%. Investors’ sentiment has been buoyed in recent weeks by promising reports on the development of Covid-19 vaccines, which could curtail infection levels and let social and business activity return to pre-pandemic levels.

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corporate – securities, covid-19, corporate, coronavirus