Investors may be too enthusiastic about a scoop from the health-care news website STAT on a trial of Gilead Sciences’ antiviral drug remdesivir in patients with severe Covid-19, analysts say.
Gilead shares were up 10.6% shortly after the open on Friday, and had risen much further in trading after the close on Thursday. STAT reported Thursday evening that nearly all of the patients at one Chicago hospital participating in a Gilead-sponsored trial of remdesivir were discharged in less than a week.
Anyone else creeped out about that company name...?
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:
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Here's what happened to the stock market on WednesdayStocks were under pressure as dismal economic data and weak bank earnings dented market sentiment.
Source: CNBC - 🏆 12. / 72 Read more »
Stock market live updates: Dow futures up, bracing for jobless claimsStocks are coming off a major sell-off on Tuesday from dismal earnings and economic data. Keeping realDonaldTrump and the GOP in office America will lose 85% of America. Dont wait 🤔do it now 👉🏽2/3 remove 25AmendmentNow Headline bracing for jobless claims. Really, why this nonsense headline. Does this number matter at this time. The disconnect between Wall St. and Main St. is even more astounding during a pandemic
Source: CNBC - 🏆 12. / 72 Read more »
Stock market faces a critical decision now, trader saysAre we in a bear market trap or are we going to new highs with the unprecedented economic stimulus package? strategist Todd Gordon takes a look.
Source: CNBC - 🏆 12. / 72 Read more »
Big Gains in Havens Stoke Worries About Stock-Market PullbackSafer assets from gold to Treasurys are rising alongside major indexes, a sign that the stock market rebound hasn’t assuaged investors’ fears about the world economy. Wages will go up. Rent will go down. Workers will start saving. When the monumental unemployment numbers dont faze the stock markets, you know you've reached a point where the stock market is completely detached from the real productive economy. time will tell what will happen with the economy... as usual people are underestimating the Millennials and GenX whose spending patterns are about to REALLY CHANGE!! They Are Traumatized By Current Events and I Doubt Shiny New Technology is gonna work this time!
Source: WSJ - 🏆 98. / 63 Read more »
Here's what happened to the stock market on ThursdayWall Street grappled throughout the session with more concerns over the coronavirus outbreak and dismal economic data. What is this market turmoil of which many speak? Lol.
Source: CNBC - 🏆 12. / 72 Read more »
US explores possibility that coronavirus started in Chinese lab, not a marketUS intelligence and national security officials say the United States government is looking into the possibility that the novel coronavirus originated in a Chinese laboratory rather than a market, according to multiple sources familiar with the matter who caution it is premature to draw any conclusions. Compare & contrast 😱 Read the article, not just the headline.
Source: cnnbrk - 🏆 393. / 55 Read more »