Dow Futures Gain On Tech Profits, Coronavirus Treatment Hopes; Weekly Jobless Claims, Apple Earnings in Focus [TheStreet.com]
Royal Dutch Shell PLC Royal Dutch Shell PLC American Depositary Shares (Each representing two Class B Ordinary Shares) (RDS.B)
US:NYSE Investor Relations:
shell.com/investors.html
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Source: TheStreet.com
The Thursday Market MinuteU.S. equity futures extended gains Thursday as investors continued to ride a series of stronger-than-expected earnings from the tech sector and drew confidence from Gilead Science's potential coronavirus treatment breakthrough.Global stocks were also on the rise Thursday, although European shares were held down by a gloomy first quarter earnings report from Royal Dutch Shell RDA.A and the oil major's first dividend suspension since the Second World War. Official data from Eurostat also indicated that the Eurozone economy shrank by a larger-than-expected 3.8% over the first quarter, while France's economy suffered its largest contraction since records began in 1949.Still, with Federal Reserve Chairman Jeromoe Powell pledging yesterday that the central bank will "continue to use our tools to ensure that the recovery, when it comes, will be as robust as possible", and health officials praising the results of two concurrent tests's for Gilead's(GILDGet ReportFAAN
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