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.
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