Market plunges after new Coronavirus reported in Wuhan but Pfizer and Moderna stock soars
Friday marked the worst day of the year for the stock market as the Dow lost 748.63 points, however, pharmaceutical companies stood out as a glaring exception, with both Pfizer and Moderna stocks on the rise. The new market figures come after researchers at the Wuhan Institute of Virology published a report pointing to a deadlier type of coronavirus called HKU5-CoV-2. Wuhan was at the center of a popular theory that claimed Covid-19 was manufactured in their lab and accidentally leaked to the public, although some contest that the virus occurred naturally.
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