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-0.000119232144986349 -0.000119232144986349 -0.00107308930487664 -0.00143078573983551 0.00333850005961609 0.0122809109335877 0.0122809109335877 0.0128770716585191
Stock impact report

US stocks finish sharply higher on positive news about an experimental Covid-19 drug [CNNMoney.com]

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: CNNMoney.com
Coronavirus treatment hopes fire up Wall Street New York (CNN Business) US stocks surged Wednesday on optimism about an experimental drug that could help the world fight the coronavirus pandemic. The Dow soared more than 600 points, or 2.6%, on hopes of progress in the health crisis that has killed more than 50,000 people and crushed the American economy. Wall Street hit session highs in early afternoon trading after Dr. Anthony Fauci, the nation's top infectious disease expert, expressed optimism about remdesivir, the Gilead Sciences ( GILD ) experimental drug. Speaking at the White House, Fauci said a National Institute of Allergy and Infectious Diseases' (NIAID) study showed remdesivir had a "clear-cut, significant, positive effect in diminishing the time to recovery" from coronavirus. "What it has has proven is that a drug can block this virus," Fauci told reporters from the White House. Read More The rally began after Gilead said early Wednesday Show less Read more
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