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Global stocks rally Friday on Gilead’s coronavirus treatment and Boeing’s production restart

Global stocks rally Friday on Gilead’s coronavirus treatment and Boeing’s production restart

by Suzanne O'Halloran, FOXBusiness  |  Published on April 17, 2020

U.S. stock futures are signaling a strong start to Friday’s session adding to the momentum seen on Thursday.

The Dow Jones Industrial Average are up more than 700 points or 3 percent while the S&P 500 was higher by nearly 3 percent and the Nasdaq Composite 2 percent.

Earlier in the evening, President Trump outlined the early-stage, phase approach as part of the “Opening Up America Again” coronavirus come back plan and there was also positive news on Gilead Sciences.

Its drug Remdesivir, according to Statnews.com, showed effectiveness for treating COVID-19 patients. Shares of Gilead rose over 8 percent in premarket trading.

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