Tag Archives: Street

Wall Street jumps on coronavirus drug hopes; Fed decision awaited

Wall Street jumps on coronavirus drug hopes; Fed decision awaited

(Reuters) - U.S. stocks jumped to seven-week highs on Wednesday as Gilead Sciences gave an encouraging update on a potential COVID-19 treatment and upbeat earnings from Google-parent Alphabet boosted shares of other technology and internet giants. FILE PHOTO: The floor of the New York Stock Exchange (NYSE) stands empty as the building prepares to close…

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Wall Street gains as Boeing shares surge

Wall Street gains as Boeing shares surge

Apr 18, 2020 – 7.58amUS stocks have closed higher boosted by a surge in Boeing shares, President Donald Trump's plan to reopen the coronavirus-battered economy and hopes of a potential drug by Gilead to treat COVID-19.The Nasdaq added 6.1 per cent for the week and registered its biggest two-week percentage gain since 2001.The S&P 500…

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Wall Street gains on Boeing surge and coronavirus drug hopes

Wall Street gains on Boeing surge and coronavirus drug hopes

(Reuters) - U.S. stocks rose on Friday and also posted gains for the week, boosted by a surge in Boeing shares, President Donald Trump’s plan to reopen the coronavirus-battered economy and hopes of a potential drug by Gilead to treat COVID-19. FILE PHOTO: The New York Stock Exchange (NYSE) is seen in the financial district…

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Global Markets Swing in Wake of Wall Street Selloff

Global Markets Swing in Wake of Wall Street Selloff

Global stocks were mixed in a day of volatile trading, even as bond markets signaled continuing fears among investors about the economic impact of the coronavirus outbreak following the sharp selloff a day earlier. Futures tied to the Dow Jones Industrial Average edged up 0.4% Tuesday after China took further steps to shield its economy…

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