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Saturday, 11 July 2020 03:29 WIB

Stocks ended higher in thin trade Friday, getting a lift from positive news on a coronavirus treatment. The Dow Jones Industrial Average rose around 369 points, or 1.4%, to end near 26,075, according to preliminary figures, while the S&P 500 advanced around 33 points, or 1%, to end near 3,185. The tech heavy Nasdaq Composite rose nearly 70 points, or 0.7%, to end near 10,617, marking its third consecutive record close. Stocks shed premarket weakness after drug maker Gilead Sciences Inc. released potentially promising data about remdesivir that indicates the experimental COVID-19 drug...

RECENT NEWS
Hong Kong Stocks End With Deep Losses (Review)
Saturday, 11 July 2020 02:43 WIB | HANG SENG

Hong Kong stocks closed sharply lower Friday, in line with an Asia-wide sell-off, with investors also spooked by fresh infections in the city that have led to the reimposition of containment measures including school closures. The Hang Seng Index shed 1.84 percent, or 482.75 points, to 25,727.41. The benchmark Shanghai Composite Index fell 1.95 percent, or 67.27 points, to 3,383.32 while the Shenzhen Composite Index on China's second exchange lost 0.31 percent, or 6.95 points, to 2,251.00. Source : AFP

Dow rises 200 points on positive coronavirus treatment news, airlines
Friday, 10 July 2020 23:43 WIB | DOW JONES S & P 500 Saham AS

Stocks rose in choppy trading Friday as traders digested news about a potential coronavirus treatment as well as another record spike in virus cases. The Dow Jones Industrial Average traded 200 points higher, or 0.8%. The S&P 500 climbed 0.4%. The Nasdaq Composite lagged, trading just below the flatline. Gilead Sciences said its coronavirus treatment candidate, remdesivir, œwas associated with an improvement in clinical recovery and a 62 percent reduction in the risk of mortality compared with standard of care. The news sent Gilead shares up more than 2%. BioNTechs CEO also...

European markets close higher as Italian and French industrial data surprises
Friday, 10 July 2020 23:23 WIB | Saham Eropa

European markets closed higher Friday as data showed French and Italian industry output rebounding more strongly than expected in May. The pan-European Stoxx 600 provisionally closed up by 0.8%, autos adding 2.3% to lead gains as all sectors except health care advanced into positive territory. Having begun the session in the red, markets across the continent received a boost after data showed Italian industrial production jumped 42.1% in May from the previous month, as the country emerged from lockdown, outstripping the median forecast of 22.8% by analysts polled by Reuters. French...

U.S. Stocks Rise At The Open On Coronavirus Treatment Hopes
Friday, 10 July 2020 20:44 WIB | DOW JONES S & P 500 Indeks Nasdaq Saham AS

U.S. stocks opened modestly higher Friday, buoyed by encouraging news about a coronavirus treatment. The Dow Jones Industrial Average rose 14 points, 0.1%, to open near 25,720, while the S&P 500 was up less than a point, trading near 3,153. The tech-heavy Nasdaq Composite was less than one point higher, near 10,549. Gilead Sciences Inc. said in a report published Friday that its antiviral drug remdesivir reduced the risk of death for coronavirus patients by 62% compared with standard care alone. Friday's early gains come after a up-and-down week for the stock market, which has been...

Stock Futures Stumble Following Thursday's Wild Session
Friday, 10 July 2020 16:56 WIB | FUTURES Indeks berjangka AS S&P 500 Futures

Stock futures fell in premarket trading Friday following a mixed session in which coronavirus concerns pushed investors further into tech shares. Dow Jones Industrial Average futures implied an opening decline of nearly 200 points. ET. S&P 500 and Nasdaq-100 futures also traded lower. The Nasdaq Composite closed at an all-time high during regular trading as Amazon jumped 3% to a record. Microsoft, Apple and Netflix were also higher. But the rest of the market struggled. The Dow dropped more than 300 points, erasing its week-to-date gains. The S&P 500 dipped 0.6%. Source : CNBC