Text size Illustration by Mike Haddad. Investors analyzed concerns about the virus midday Thursday, taking advantage of some early gains even amid mixed data. The Dow Jones Industrial Average and S&P 500 rose 0.2% in recent trade, while the Nasdaq Composite rose 0.4%. The latest unemployment figures show that while …
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Hundreds of unemployed Kentucky residents wait outside the Kentucky Career Center for help with their unemployment claims late last week in Frankfort. John Sommers II / Getty Images Text size A downward trend in first-time unemployment insurance claims stagnated in the past week, showing how long it will take for …
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(Reuters) – Doctors in Europe will soon be able to treat COVID-19 patients with Gilead (GILD.O), antiviral drug, remdesivir, after the support of the health regulator set it on the path to becoming the first therapy for the disease on the continent. FILE PHOTO: Pharmaceutical company Gilead Sciences Inc is …
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The Federal Reserve requires banks to resubmit their capital return plans in light of the tensions the coronavirus places on the financial system. Olivier Douliery / AFP / Getty Images Text size The banks’ shares sank in the post-market, after the Federal Reserve took a tougher-than-expected stance on payments to …
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FILE PHOTO: Traders Wear Masks While Working on the Floor of the New York Stock Exchange as the Outbreak of Coronavirus Disease (COVID-19) Continues in the Manhattan District of New York, USA, May 28 2020. REUTERS / Lucas Jackson / File Photo (Reuters) – Stock markets and other risky assets …
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