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Shares Up On Coronavirus Drug Hopes
Video Credit: Wochit Business
Published on April 29, 2020 - Duration: 00:35s
Shares Up On Coronavirus Drug Hopes
NEW YORK (Reuters) - World stock markets surged on Wednesday following encouraging news for an experimental COVID-19 treatment and some positive earnings reports, while beaten-up oil prices soared.
MSCI’s gauge of stocks across the globe gained 2.47%.
Major U.S. averages were up well over 2%, while the pan-European STOXX 600 index rose 1.75%.
A top U.S. health official said Gilead Sciences Inc’s (GILD.
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