U.S. Treasury yields rise Friday following a sharp increase in retail sales, helping ameliorate concerns that consumer spending would slow without further government support.
Shares of General Electric Co. charged higher in toward a four-month high active trading Friday, on growing hopes that Boeing Co.’s grounding 737 MAX planes will be able to fly again soon.
U.S. stock-index futures on Friday show modest gains to end a bumpy week of trade and snap a three-day losing streak as investors digest corporate earnings, economic reports and developments tied to the spread of COVID-19.
The National Institutes of Health is launching a late-stage clinical trial to determine whether three drugs used for controlling immune systems could be used to treat respiratory distress and organ failure in severely ill Covid-19 patients.