Gilead's remdesivir significantly improved clinical recovery and reduced the risk of death in Covid-19 patients, additional data from a late-stage study showed.
The June quarter results of TCS will be a major focus for the Indian markets today which is also likely to decide how the rest of the IT space trades throughout the session
The Labor Department's most timely data on the economy showed 1.31 million Americans filed for state unemployment benefits in the latest week
A major focus today will be on TCS which is scheduled to kick-off the April-June 2020 earnings season for IT companies today
The Dow Jones Industrial Average rose 59.88 points, or 0.23 per cent
Energy stocks dropped 2 per cent on worries over fuel demand while travel-related stocks, which were among the hardest hit during lockdowns, also fell
Shriram Transport Finance Company might trade actively today after the company okayed rights issue of equity shares to the promoters and promoter group to raise up to Rs 1,500 crore
A sharp jump in Covid-19 cases recently in the United States has cast a shadow over the strong rally in stocks as many states have curtailed their reopening plans
On the results front, a total of 18 companies including Indiabulls Housing Finance are scheduled to announce their results today
The Dow Jones Industrial Average rose 201.48 points, or 0.78%, at the open to 25,936.45
The government has approved a scheme under which the eligible non-bank lenders will be provided short-term liquidity through a special purpose vehicle set up by the SBICAP securities
The Dow Jones Industrial Average rose 136.90 points, or 0.55%, to 25,152.45 at the open.
The benchmark BSE Sensex is up 14.2 per cent in the past one month against a 3 per cent appreciation in the Dow Jones during the period.
The SGX Nifty was up around 60 points at 7:30 AM, and was indicating an open above 10,300 levels for the Nifty today
A total of 147 companies, including Apollo Hospitals, Ashok Leyland, and Bank of India are scheduled to announce their quarterly results today
The S&P 500 was down 55.89 points, or 1.78%, at 3,075.40; the Nasdaq Composite was down 136.26 points, or 1.34%, at 9,995.11
The SGX Nifty, though, is trading with a slight cut and is indicating an open around 10,470 levels for the Nifty today
The upbeat data on manufacturing and services sectors follows similar surveys from Europe earlier in the day as businesses reopened after the health crisis resulted in a lockdown in mid-March
The S&P 500 is on pace to finish the week with a 3.5 per cent gain, which would be its fourth in the last five weeks
The S&P 500 and the Dow reversed earlier gains and snapped a three-day winning streak. Tech shares led the Nasdaq into the black