Stocks rose on Friday as oil prices clawed back even more of their historic losses from earlier in the week. Here's how the major averages performed: - The Dow gained 260 points. - The S&P 500 rose 1.39%. - The Nasdaq advanced 1.65%.
advanced 1.7%. Tech was the best-performing sector in the S&P 500, gaining 2.1% as Apple climbed over 2%.. The Nasdaq was down 0.8% week to date. It would be Wall Street's first weekly decline in three.
"Looking ahead, it's still all about demand for oil right now, and so far there is little evidence to support the idea that consumer growth is going to rebound anytime soon," said Tom Essaye, founder of The Sevens Report.drug remdesivir did not improve coronavirus patients' condition. The FT cited documents accidentally published by the World Health Organization regarding a Chinese clinical trial.leaving it "underpowered to enable statistically meaningful conclusions.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Stocks Rally, Dow Up More Than 400 Points As Oil Prices ReboundStocks rose for the first time this week today, getting a boost from rebounding oil prices and news that the Senate passed a $484 billion coronavirus relief package by skleb1234
Read more »
DaBaby Eyeing Second No. 1 Album on Billboard 200 ChartDaBaby is bouncing toward his second No. 1 album on the Billboard 200 chart. Industry forecasters expect his latest release, Blame It on Baby, to arrive atop next week’s tally with over 140,000 equivalent album units earned in the U.S. in the week ending April 23. The majority of that sum will be driven by streaming activity for the 13-song album.
Read more »
The Weeknd Triples Up Atop Artist 100, Hot 100 & Billboard 200 Charts for Fifth WeekFor a fifth week in his career, The Weeknd ranks No. 1 on the Billboard Artist 100, Billboard Hot 100 and Billboard 200 charts simultaneously.
Read more »
Dow jumps near the open even as unemployment ranks top 26 millionU.S. stocks climbed Thursday morning after weekly data showed the pace of job losses slowing, while Congress was expected to vote on further aid for small...
Read more »
Stock market live updates: Dow up 250, another 4.4 million jobless claims, oil jumps 25%The S&P 500's average gains since its March low have been much bigger than its losses, data from Instinet shows. It has averaged a gain of 3.6% since March 24, vs. an average loss of 2.1%. Follow along with the latest stock market updates here:
Read more »