Coronavirus: Stock markets boosted by remdesivir drug hopes

BBC News Thursday, 30 April 2020 ()
Investors are betting that an experimental anti-viral drug could help countries emerge from lockdowns.
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News video: Shares Up On Coronavirus Drug Hopes

Shares Up On Coronavirus Drug Hopes 00:35

NEW YORK (Reuters) - World stock markets surged on Wednesday following encouraging news for an experimental COVID-19 treatment and some positive earnings reports, while beaten-up oil prices soared. MSCI’s gauge of stocks across the globe gained 2.47%. Major U.S. averages were up well over 2%, while...