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

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“I expect another correction, because this recovery’s been almost too fast,” Mark Mobius says. Follow along with the latest stock market updates here:

. "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.

 

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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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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?
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