The Nasdaq Biotechnology Index fell by 1.5%, with investors paying attention to media reports on "Trump administration blaming children's deaths on COVID-19 vaccine."
Among the component stocks, BioNTech fell 11.64%, Trevi Therapeutics fell 8.92%, Sutro Biopharma fell 8.51%, followed closely by Moderna, Precigen, Arcturus Therapeutics Holdings Inc., Tarsus, Travere Therapeutics, Personalis, Arbutus Biopharma, and KalVista Pharmaceuticals, all falling between 7.49% and 5.27%.
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