U.S. stocks jump on coronavirus drug hopes; oil surges

  • 📰 latimes
  • ⏱ Reading Time:
  • 25 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 82%

Philippines News News

Philippines Philippines Latest News,Philippines Philippines Headlines

Stocks advance amid renewed hopes for a coronavirus drug despite data showing the biggest economic contraction since 2008 in the first quarter.

86

Daniel Rogerson wears a vintage military gas mask while riding a bike along the beach path in Santa Monica, which is closed to enforce social distancing because of the coronavirus pandemic. A man gets some exercise on Santa Monica Beach, which is closed to enforce social distancing because of the coronavirus pandemic. A face mask seller in colorful dress appears to be part of a mural behind a bus stop on Soto Street on Saturday morning in Los Angeles. Life around Cesar E. Chavez Blvd.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

narrator: the stock market is NOT THE ECONOMY

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:

 /  🏆 11. in PH

Philippines Philippines Latest News, Philippines Philippines Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

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 charge higher on hopes for progress in fighting virusStocks charged higher around the world Wednesday following an encouraging report on a possible treatment for COVID-19. The optimism helped send the S&P 500 up 1.9% in the first few minutes... Great news Another proof that finance is enemy of the people. I have a good feeling about Alka Seltzer.
Source: AP - 🏆 728. / 51 Read more »

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 »

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 »