Here's what happened to the stock market on Friday

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Stocks closed higher as oil extended its rebound from historic lows, but still posted their first weekly loss in three.

rose 2.7% to settle at $16.94 per barrel, amid hopes the U.S. will reduce some of its production to account for shrinking demand and storage capacity.

Stocks also got a boost after Reuters reported that a U.S. government-led trial of remdesivir was running ahead of schedule. The report said those results could be ready by mid-May, with preliminary numbers possibly out earlier.

 

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Cramer started yelling nonsense .. bell rang .. Sarah in need of haircut.. etc..

Lemme guess, it went up for no particular reason? Or maybe they invented a reason, like the solution for eliminating the virus from our “stable genius” - A daily dose of UV light with Clorox!

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