Financial Digest

Stocks Rally, Pointing to Second Week of Gains for U.S. Indexes

  • 📰 WSJ
  • ⏱ Reading Time:
  • 5 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 5%
  • Publisher: 63%

Finance Finance Headlines News

Finance Finance Latest News,Finance Finance Headlines

The Dow and S&P 500 rose about 2%, setting up U.S. stocks for a second straight week of gains. The market was buoyed by optimism that parts of the American economy may begin reopening in coming days.

President Trump lays out guidelines to reopen the economy in three phases, China records its first-ever contraction in quarterly GDP, and Gilead Sciences shares soar on hopes for a potential Covid-19 drug.

WSJ’s Shelby Holliday has the latest on the pandemic. Photo: STR/AFP via Getty Images
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

A market buoyed by the potentiality more death as we drop our guard too soon.

Over 4500 deaths just yesterday. 22 million on unemployment. SBA loan program broke. No way the economy 'opens up' anytime soon.

Ap Huff

Optimism 😂 too much printed money should be allocated somethere, that’s all

The stock market is not the United States. It's not the people the make up the work force. Clearly it is just for billionaires and millionaires trying to profit off the weak.

back to normal finally

This is silly.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 98. in FİNANCE

Finance Finance Latest News, Finance Finance Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Stocks Rally, Dow Jumps 600 Points On News Of Gilead’s Possible Coronavirus TreatmentThe major indexes were up nearly 3% at the open. Next monday, Dow plunges 700 points as treatment is not possible and only works with bats. 📉
Source: Forbes - 🏆 394. / 53 Read more »

European markets set to rally on coronavirus drug hopes, lockdown pullbacksEuropean stocks are set to open sharply higher on Friday after a report that a drug developed by Gilead Sciences was showing effectiveness in treating the coronavirus. due to just little hopes Temporary bounce imo. Time to get out.. Let's see. Hopefully is not GILD shareholders' marketing nor wishful thinking. It is time to flatten the following curves:
Source: CNBC - 🏆 12. / 72 Read more »