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US stocks rallied Wednesday as the apparent success of an experimental coronavirus treatment boosted Wall Street’s hopes for an end to the crisis. The Dow Jones industrial average surged as much as 547.64 points, or 2.2 percent, to 24,649.19, after Gilead Sciences said it was aware of “promising data” from a government-backed study of remdesivir, …
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US stocks ticked up Thursday as rising oil prices helped Wall Street shrug off another surge in Americans filing for unemployment benefits. The Dow Jones industrial average climbed as much as 227.85 points, or 0.9 percent, in early trading despite the US Labor Department reporting 4.4 million initial jobless claims last week, bringing the number …
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US stocks and oil prices rebounded Wednesday as the US government and several states unleashed fresh initiatives to combat the coronavirus fallout, including nearly $500 billion in federal stimulus. The Dow Jones industrial average climbed as much as 475.73 points, or 2 percent, to 23,494.61 in early trading after shedding more than 1,200 points in …
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US stocks surged early Friday as Wall Street cheered a promising coronavirus treatment as well as President Trump’s push to reopen the US economy. The Dow Jones industrial average jumped as much as 612.52 points, or 2.6 percent, in early trading following a report that Gilead Sciences’ Ebola drug remdesivir is helping coronavirus patients recover …
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US stocks ticked up Thursday as Wall Street tried to brush off another surge in unemployment filings amid the coronavirus crisis. The Dow Jones industrial average climbed as much as 62.01 points, or 0.2 percent, at the open despite the US Department of Labor reporting another 5.2 million initial jobless claims last week. The staggering …
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Stocks plunged Wednesday as fresh concerns about the coronavirus’s economic toll dampened optimism on Wall Street. The Dow Jones industrial average tumbled as much as 716.44 points, or nearly 3 percent, giving back the prior day’s 2.7 percent jump on hopes that virus-battered economies could reopen before too long. The S&P 500 also slid as …
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US stocks climbed Tuesday as Wall Street once again grew optimistic about the path of coronavirus crisis while grappling with grim earnings reports from major companies. The Dow Jones industrial average jumped as many as 628.28 points, or 2.6 percent, in early trading following a 1.4 percent drop Monday. The S&P 500 posted an early …
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US stocks jumped again Thursday after the Federal Reserve announced its latest effort to shore up the nation’s coronavirus-battered economy. The Dow Jones industrial average rose as much as 561.45 points, or about 2.4 percent, in early trading following the central bank’s announcement of a $2.3 trillion loan program to help households, employers and local …
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US stocks posted early gains Wednesday even as the nation’s coronavirus death toll continued to mount. The Dow Jones industrial average rose as much as 349.75 points, or 1.5 percent, as hopes about the pandemic peaking persisted on Wall Street. The S&P 500 and Nasdaq composite also climbed as much as 1.3 and 1.4 percent, …
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US stocks jumped again Tuesday as Wall Street nursed hopes that the coronavirus crisis finally may be peaking. The Dow Jones industrial average surged as much as 937.25 points, or 4.1 percent, at the open amid signs that the pandemic is slowing — including reports that Tuesday was the first day that China, where the …
US stocks rallied Wednesday as the apparent success of an experimental coronavirus treatment boosted Wall Street’s hopes for an end to the crisis. The Dow Jones industrial average surged as much as 547.64 points, or 2.2 percent, to 24,649.19, after Gilead Sciences said it was aware of “promising data” from a government-backed study of remdesivir, …
