News Formal

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%

Australia News News

Australia Australia Latest News,Australia Australia 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
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 AU
 

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.

Australia Australia Latest News, Australia Australia 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 »