U.S. stocks rose on a busy morning that included a flurry of earnings reports from major American companies and ahead of views from Federal Reserve policy makers on the health of the economy.
Sentiment was also boosted by news from Gilead Sciences that a clinical trial evaluating its drug remdesivir in coronavirus patients had concluded with a positive result. Gilead share rose about 6%.
Ah, Hope. I remember that.
Simply proving that the current investment and stock strategy in the US is failed. If stocks rise with simple guesses and false promises, it means that the market is falsely propped up and as soon as they realize this was a misstatement or lie, it will go right back down.
“The gains also coincided with a statement from Gilead Sciences saying that a clinical trial evaluating its drug remdesivir in coronavirus patients had concluded with a positive result, sending shares in the biotech company up sharply in premarket trading.”
Spray more money,great china will fill the bill for ya.
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:
Malaysia Malaysia Latest News, Malaysia Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Japan stocks set to rise as oil prices plunge overnight; HSBC earnings aheadWest Texas Intermediate for June delivery plunged more than 24% overnight to settle at $12.78 per barrel. International benchmark Brent crude futures also saw sharp losses as the contract fell 6.76% to $19.99 per barrel. 😷 Nothing makes sense anymore Clown market.
Source: CNBC - 🏆 12. / 72 Read more »
Asia stocks set to rise as Wall Street jumps on lockdown easing hopesAsian stocks were set for gains on Tuesday after a strong Wall Street session as easing lockdown restrictions by some countries and U.S. states buoyed sentiment, despite another decline in oil prices. NEW: Canada reports 1,605 new cases of coronavirus and 147 new deaths. A total of 48,500 cases and 2,707 deaths. Cut China from The US financial system. Expel Chinese students. No Chinese tourist visas. 100% tariffs on Chinese goods. Sanctions and assets frozen.
Source: Reuters - 🏆 2. / 97 Read more »
Stocks rise as governments look at reopening economiesStocks rallied worldwide Monday as governments prepare to gradually lift restrictions they imposed on businesses to slow the sweep of the coronavirus pandemic. This is going to backfire with thousands of extra deaths or more. Science trumps politics. If politicians could fly to the moon they would have done it 2000 years ago. They couldn't. Scientist had to do it.
Source: latimes - 🏆 11. / 82 Read more »
Stocks Rally Ahead of Blue-Chip Earnings; Oil DropsA fresh plunge in oil prices signaled a bleak outlook for energy demand as the coronavirus pandemic ravages the global economy. Proof that demand drives price. Stop depending on oil Targetting - 50 up to - 100 ? This hardships to United States is a blow so devasting that may to provoke severe damages to the economy and the people in general.
Source: WSJ - 🏆 98. / 63 Read more »
Australia stocks set to trade higher as investors await Fed rate decisionStocks in Australia were set to edge higher at the open as investors await the U.S. Federal Reserve's decision on interest rates, expected later on Wednesday stateside.
Source: CNBC - 🏆 12. / 72 Read more »
US stocks finish higherUS stocks closed higher on Monday, with the Dow recording its fourth straight day of gains. This hasn’t happened since early February. madagscarfoundthecure COVID was massively overhyped. Back to normal. Cool, and doctors are committing suicide
Source: CNN - 🏆 4. / 95 Read more »