Stocks Cut Gains, Despite Oil Rebound, After Gilead Trial Disappoints

Brasil Notícia Notícia

Stocks Cut Gains, Despite Oil Rebound, After Gilead Trial Disappoints
Brasil Últimas Notícias,Brasil Manchetes
  • 📰 Forbes
  • ⏱ Reading Time:
  • 13 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 53%

Today, stocks pared back gains despite a rebound in oil prices after a Gilead Sciences clinical trial proved not effective in treating coronavirus by skleb1234

In yet another volatile session on Thursday, stocks pared back gains despite a rebound in oil prices, after reports that a Gilead Sciences clinical trial for its remdesivir drug was not effective in treating coronavirus—though the company quickly disputed that it was an inconclusive trial.... [+]The Dow Jones Industrial Average was up 0.2%, just 40 points, on Thursday, while the S&P 500 and Nasdaq Composite both ended slightly negative.

Stocks rose earlier in the day, with the Dow up to 400 points higher, thanks to a rebound in oil prices: WTI crude oil futures have stabilized since their unprecedented drop earlier this week, rising over 40% in the last two days alone.

Resumimos esta notícia para que você possa lê-la rapidamente. Se você se interessou pela notícia, pode ler o texto completo aqui. Consulte Mais informação:

Forbes /  🏆 394. in US

Brasil Últimas Notícias, Brasil Manchetes

Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.

Asia stocks set to rise after Wall Street gains on oil reboundAsia stocks set to rise after Wall Street gains on oil reboundAsian equity markets were poised to edge higher on Thursday after rebounding crude prices and the promise of more U.S. government aid to ease the economic pain inflicted by the coronavirus crisis helped calm global equity markets.
Consulte Mais informação »

These two tech stocks could be the biggest winners despite an 'ugly' earnings seasonThese two tech stocks could be the biggest winners despite an 'ugly' earnings seasonLoup Ventures' Gene Munster believes Wall Street is underestimating the coronavirus impact on technology earnings.
Consulte Mais informação »

Stocks rise despite dismal coronavirus unemployment dataStocks rise despite dismal coronavirus unemployment dataStocks on Wall Street rose Thursday morning, even though the government said 4.4 million more workers filed for unemployment benefits last week.
Consulte Mais informação »

Asia stocks set to decline following continued rout in oilAsia stocks set to decline following continued rout in oilMovements in the oil markets will likely be watched by investors on Wednesday following sharp losses in recent days, with the June contract for West Texas Intermediate falling more than 40% on Tuesday.
Consulte Mais informação »

These stocks millennials are investing in are 'very good for speculation,' Jim Cramer saysThese stocks millennials are investing in are 'very good for speculation,' Jim Cramer saysThe top stock picks on the Robinhood trading app for March is a 'fantastic list' for younger investors, the 'Mad Money' host said.
Consulte Mais informação »

Stocks open slightly higher on Wall Street, crude oil risesStocks open slightly higher on Wall Street, crude oil risesNEW YORK (AP) — Stocks opened slightly higher Thursday, even after the government said 4.4 million more workers filed for unemployment benefits last week as layoffs sweep the economy. The S&P 500...
Consulte Mais informação »



Render Time: 2025-03-03 21:03:56