Stock market live updates: Dow jumps 400, Gilead gives 'fighting chance', Amazon drops

. "Some of these names which maybe fell out of favor going into an election year … are all the sudden back in favor," Kilburg added. "You're seeing Gilead this morning with a really nice pop, but a high tide lifts all boats."jumped more than 9% in early trading to lead big retail stocks higher amid optimism about the U.S. economy possibly reopening sooner than expected. Gap's stock is still down more than 50% for the year.

If the Dow holds these gains, it would mark its first close above 24,000 since March 10, when it closed at 25,018. —led the S&P 500 higher, gaining more than 12% on Friday. The largest mall owner in the U.S. has been beaten down due to the coronavirus shutdown as retail struggles. The REIT's stock is down more than 64% this year. However, hopes of a coronavirus treatment and a reopening of the economy is boosting shares.

ForaMaia

Not when dimwits ignore logic and facts. Support those corporate masters!

That is some real intellect, maybe its cuz the downside was exaggerated.

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Dow rises over 500 points as investors pin hope on Gilead coronavirus treatment and U.S. reopeningStocks opened with strong gains Friday, putting equities on track to end a positive week on a strong note, after a treatment for the deadly COVID-19 pandemic... Everybody can go outside! See you all out there!
Source: MarketWatch - 🏆 3. / 97 Read more »

Gilead stock surges more than 10% on report of promising coronavirus treatmentGilead Sciences Inc. undefined shares rallied in the extended session Thursday following a report that one of the company's drugs showed promising results in... I heard it was a promise of a promise. Trader_Aadil Interesting timing though. After market close and before Trumps supposed big press conference to unveil the return to 'normality' aka reopening America Ah ok, it's one of those miracle silver bullets again...
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Stock market live updates: Rally losing steam, Gilead surges, Amazon dropsSeveral pharmaceutical and medical stocks like $ABT and $VRTX hit new highs today. Follow along with the latest stock market updates here: How can you go wrong buying and holding pharmaceuticals at this level?
Source: CNBC - 🏆 12. / 72 Read more »