Dow futures rally 800 points after Gilead coronavirus drug reportedly shows effectiveness

The Wall Street Bull, located in the financial district of New York City.

Mike Roy | MCT | Tribune News Service | Getty Images

The ETF that tracks the S&P 500 rallied in after-hours trading Thursday 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.

Around 5 p.m. ET, the SPDR S&P 500…

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