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Dow futures rip 700 points higher amid report Gilead drug showing effectiveness treating coronavirus
CNBC ^

Posted on 04/16/2020 3:24:19 PM PDT by Red in Blue PA

U.S. stock futures surged on Thursday night after a report said a Gilead Sciences drug was showing effectiveness in treating the coronavirus. The move pointed to a jump for the stock market on Friday.

Dow Jones Industrial Average futures were up 700 points, or about 3%. S&P 500 futures gained 2.8% while Nasdaq 100 futures were up by 1.8%.

Gilead shares jumped by 14% in after-hours trading after STAT news reported that a Chicago hospital treating coronavirus patients with Remdesivir in a trial were recovering rapidly from severe symptoms. The publication cited a video it obtained where the trial results were discussed.

(Excerpt) Read more at cnbc.com ...


TOPICS: Breaking News; News/Current Events
KEYWORDS: bigpharma; chinavirustreatment; coronavirus; covid19; covid19stockmarket; drug; gilead; gileadsciences; remdesivir; timeline
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To: Sequoyah101
"More likely it is about the back to work prospects and plan."

That's exactly what this rally is about.

81 posted on 04/16/2020 11:34:51 PM PDT by rxsid (HOW CAN A NATURAL BORN CITIZEN'S STATUS BE "GOVERNED" BY GREAT BRITAIN? - Leo Donofrio (2009))
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To: rxsid

They clearly have no conscience or honor. Bald faced liars.


82 posted on 04/16/2020 11:44:38 PM PDT by Sequoyah101 (We are governed by the consent of the governed and we are fools for allowing it.)
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To: rxsid

Only 5,000 more points to go. Piece of cake. /s


83 posted on 04/16/2020 11:46:13 PM PDT by Sequoyah101 (We are governed by the consent of the governed and we are fools for allowing it.)
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To: Red in Blue PA

OMG what blatant LIARS!! SCUM all of them!!


84 posted on 04/16/2020 11:54:46 PM PDT by Trump Girl Kit Cat (Yosemite Sam raising hell)
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To: maggief

I purchased a pair of flats on Amazon 3 weeks ago they were so comfortable I decided to get another pair the price went up $25.00 in 3 weeks!! NEVER MIND didn’t need them anyway!!


85 posted on 04/16/2020 11:57:20 PM PDT by Trump Girl Kit Cat (Yosemite Sam raising hell)
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To: Red in Blue PA

The same news has been broadcast repeatedly about Hydroxy-Chloroquine therapy.

HCQ therapy for 5 days costs $20.00

The Demrezafear, $1000.00

Who is yer daddy?


86 posted on 04/17/2020 2:36:58 AM PDT by Candor7 (Obama Fascism:https://www.americanthinker.com/articles/2009/05/barack_obama_the_quintessentia_1.html)
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To: Red in Blue PA
... recovering rapidly from severe symptoms.

HMMMmmm...


87 posted on 04/17/2020 3:40:58 AM PDT by Elsie (Heck is where people, who don't believe in Gosh, think they are not going...)
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To: isthisnickcool

and lost...


88 posted on 04/17/2020 3:45:22 AM PDT by Elsie (Heck is where people, who don't believe in Gosh, think they are not going...)
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To: Trump Girl Kit Cat

For once, Bloomberg is writing an honest headline about this:
https://www.bloomberg.com/
Stocks and Futures Rally on U.S. Reopening Plans: Markets Wrap


89 posted on 04/17/2020 3:48:23 AM PDT by abb
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To: cpdiii
Nancy Pelosi and other Demon DemocRATs most saddened!

_______________

I wish they were hanging from a few strong oak trees.

90 posted on 04/17/2020 4:14:56 AM PDT by a little elbow grease (... to err is human, to admit it unusual...)
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To: colorado tanker
How many Democrat Governors will ban it?!

_____________

Can't use it in Michigan ..... there is snow.

91 posted on 04/17/2020 4:16:24 AM PDT by a little elbow grease (... to err is human, to admit it unusual...)
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To: DannyTN
Trump is announcing guidelines for reopening too. Probably has more to do with that than one drug.

______

...... maybe.

92 posted on 04/17/2020 4:17:36 AM PDT by a little elbow grease (... to err is human, to admit it unusual...)
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To: Bommer

.... not much. But it is good news.


93 posted on 04/17/2020 4:18:52 AM PDT by a little elbow grease (... to err is human, to admit it unusual...)
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To: Red in Blue PA

There is NO WAY the survival rate for Ebola would be that high. Not enough people in the US have ever had it. THANK GOD.

A) It depends upon which strain of Ebola you’re talking about. they have very different mortality rates.

B) Ebola is infectious. Not contagious. THANK GOD. If that bug ever becomes contagious WE ARE F^CKED


94 posted on 04/17/2020 6:59:09 AM PDT by TangledUpInBlue
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To: DannyTN

Probably has more to do with that than one drug.>>>>>>>>>>>>

You bet it does.

No one dares talk about the proper , timely use of Hydroxy-chloroquine, but it is in use big time off label in all 50 states.

The demand for the HCQ is so high that states are announcing “studies” just to get large quantities of the drug released from HHS.Thanks to President Trump , HHS has a huge stockpile of over 10 million doses.This is ready for roll out when states actually start to open.

But do not tell Lefty Dems...they are already having conniption fits of a genocidal nature , about HCQ being “dangerous.” My sister has been using HCQ for years for arthritis , no side effects.

A course of HCQ treatment costs $20.00 and a course of Remdesivir is about $1000.00

See:

http://www.freerepublic.com/focus/bloggers/3833992/posts?page=12#12


95 posted on 04/17/2020 7:10:45 AM PDT by Candor7 (Obama Fascism:https://www.americanthinker.com/articles/2009/05/barack_obama_the_quintessentia_1.html)
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To: TangledUpInBlue; All

In fact, those treated with either drug within days of infection reported a 90 percent survival rate, according to Nature. 

https://www.foxnews.com/health/ebola-treatment-drugs-congo


96 posted on 04/17/2020 9:06:03 AM PDT by Red in Blue PA (Fascism and socialism are cousins. They both disarm their citizens.)
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To: Red in Blue PA

Redevsmir can be the “Backup” drug to the HCQ/Zinc/Zpac combo for those who have heart troubles.


97 posted on 04/17/2020 6:34:57 PM PDT by Thunder90 (All posts soley represent my own opinion.)
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To: Red in Blue PA; LucyT

98 posted on 04/17/2020 9:51:11 PM PDT by Brown Deer (America First!)
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To: SoFloFreeper

That was my immediate reaction. Why believe what CNBC says is the cause of this? I think it’s because Trump announced we’re reopening up America.


99 posted on 04/18/2020 11:07:22 AM PDT by keats5
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To: hardspunned

HCQ is also bad because the patent expired and Big Pharma can’t make potentially billions on a generic wonder drug that costs 50 cents a dose.
_________________

My suspicions exactly.


100 posted on 04/18/2020 11:08:31 AM PDT by keats5
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