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Stock impact report

GLOBAL MARKETS-Asian stocks rise as re-open of U.S economy offsets China GDP slump [Reuters]

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: Reuters
Asian stocks rise as re-open of U.S economy offsets China GDP slump TOKYO (Reuters) - Asian stocks gained on Friday as President Donald Trump’s plans to gradually re-open the U.S. economy outweighed concerns over data that showed China suffered its worst economic contraction on record due to the coronavirus outbreak. MSCI's broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS was up 2.2% after reaching a five-week high. Shares in China .CSI300 rose 1.04% as the weak GDP data reinforced expectations that more stimulus is coming, while shares in Australia were up 1.31%. E-Mini futures for the S&P 500 index ESc1 traded 2.83% higher, also close to a five-week high. Euro Stoxx 50 futures STXEc1 were up 2.58%, German DAX futures FDXc1 were up 2.9%, while FTSE futures FFIc1 were up 2.49%. Data from China showed the world’s second-largest economy shrank for the first time since at least 1992 because of the coronavirus outbreak and tough containment measures. Gross domestic produc Show less Read more
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