April 29 | Stocks rise on hopes of COVID-19 treatment

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Market News

Stocks rise on hopes of COVID-19 treatment

Stocks advanced Wednesday as investors considered positive updates from Gilead over the results of a trial of its coronavirus treatment candidate. The news eclipsed a dismal report on first-quarter gross domestic product, which showed the U.S. economy shrank on an annualized basis for the first time since 2014.

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Thanks for reading today and be sure to stay tuned for our next edition.
Until Next Time,
This has been John Denton

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