Usa city Chicago testing guidelines Coronavirus Usa city Chicago

US stocks rise on hopes for faster economic rebound

Reading now: 702
www.livemint.com

Wall Street stocks opened higher Friday, boosted by a report of positive preliminary testing for a coronavirus treatment and the release of broad White House guidelines for re-opening the US economy.

About 20 minutes into trading, the Dow Jones Industrial Average stood at 24,065.38, up 2.2 percent. The broad-based S&P 500 gained 2.0 percent to 2,855.39, while the tech-rich Nasdaq Composite Index added 1.1 percent at 8,627.55.

Optimism was high after a report in Stat News that a test of Gilead Sciences' remdesivir succeeded among several patients with severe coronavirus symptoms in a Chicago study.

But the report cautioned that the data represents only one sample, adding "it's impossible to determine the full study results with any

Read more on livemint.com
The website covid-19.rehab is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.

Related News

DMCA