Investors were encouraged by news that Gilead’s remdesivir drug was found to significantly improve clinical recovery and reduced the risk of death in COVID-19 patients. Shares in Gilead rose 2.2%. Shares in Netflix rose 8.1% on a broker upgrade.
AM Report: US Sharemarkets Rose On Friday
Investors were encouraged by news that Gilead's remdesivir drug was found to significantly improve clinical recovery and reduced the risk of death in COVID-19 patients. Shares in Gilead rose 2.2%. Shares in Netflix rose 8.1% on a broker upgrade.
- Published on July 13, 2020
- By Tom Piotrowski
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