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-0.000946745562130157 0.000591715976331327 0.00213017751479298 0.00177514792899415 0.0168047337278107 0.0246153846153846 0.0226035502958579 0.00355029585798813
Stock impact report

European markets bounce on coronavirus drug hopes, lockdown pullbacks [CNBC]

Gilead Sciences, Inc. (GILD) 
Last gilead sciences, inc. earnings: 4/30 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.gilead.com
Company Research Source: CNBC
European stocks traded sharply higher on Friday after a report that a drug developed by Gilead Sciences was showing effectiveness in treating the coronavirus.The pan-EuropeanStoxx 600Global stock markets are looking up afterSTAT news reportedMeanwhile, countries around the world including the U.S. and Germany, Europe's largest economy, are beginning to implement plans to lift lockdown measures as the rate of new cases declines.However, the International Monetary Fund this week said the global economy is expected to shrink by 3% this year, before growing by 5.8% next year — a rebound that its Chief Economist Gita Gopinath has described as a "partial recovery."Asian stocks rose on Friday afternoon despite new official data showing China's economy shrinking by 6.8% in the first quarter. South Korea'sKospiStateside, futures are pointing to a substantial rally on Wall Street Friday as investors react to hopes of a treatment for the coronavirus, which has now infected more than 2.1 million Show less Read more
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