Stocks lost ground after a news report said that an experimental treatment for COVID-19 delivered disappointing results in a trial. The maker of the treatment, Gilead Sciences Inc.
subsequently said the trial results for remdesivir were"inconclusive." The Dow Jones Industrial Average DJIA, +0.16% rose around 39 points, or 0.2%, to end near 23,515, according to preliminary figures, while the S&P 500 SPX, -0.05% lost around 1.5 points, or 0.1%, to end near 2,798. The Nasdaq Composite COMP, -0.00% fell less than 0.1% to end near 8,495. Gilead Sciences shares fell 4.3%.
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Stocks close flat after wild session as investors assess Gilead coronavirus treatmentStocks were taken for a wild ride on Thursday that showed how important finding a Covid-19 treatment is for Wall Street. Here's how the major averages performed: - The Dow rose 39 points. - The S&P 500 lost .05%. - The Nasdaq fell .01%. Millions unemployed Profits falling Lying madman is POTUS Markets rising 🙄 Your corporate masters are pleased dimwit investors. Keep ignoring facts and the historic numbers that continue to come out. Infinite bull market!
La source: CNBC - 🏆 12. / 72 Lire la suite »
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La source: BusinessInsider - 🏆 729. / 51 Lire la suite »
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La source: CNBC - 🏆 12. / 72 Lire la suite »
Stocks making the biggest moves after hours: Snap, Netflix, Texas Instruments and moreStocks making the biggest moves after hours: Snap, Netflix, Chipotle and more
La source: CNBC - 🏆 12. / 72 Lire la suite »