(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…
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…
(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…
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…
