Wall Street gains on Boeing surge, coronavirus drug hopes

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Wall Street gains on Boeing surge, coronavirus drug hopes
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Wall Street ends the day higher, helped by a surge in Boeing shares and hopes of a potential drug by Gilead to treat COVID-19; Dow up 3%, S&P 500 up 2.7%, Nasdaq up 1.4%

FILE PHOTO: The New York Stock Exchange is seen in the financial district of lower Manhattan during the outbreak of the coronavirus disease in New York City, New York, U.S., April 13, 2020. REUTERS/Andrew Kelly

NEW YORK - U.S. stocks rose on Friday and posted gains for the week, helped by a surge in Boeing shares, President Donald Trump’s plan to reopen the economy and hopes of a potential drug by Gilead to treat COVID-19.

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