Dow Jumps 350 Points After Gilead Says Remdesivir Coronavirus Treatment Reduces Risk Of Death

Dow Jumps 350 Points After Gilead Says Remdesivir Coronavirus Treatment Reduces Risk Of Death

TOPLINE

The stock market moved higher on Friday, reversing early losses, after positive coronavirus vaccine news helped offset growing investor concerns about a record number of new U.S. cases.

Stocks ticked higher after Gilead’s coronavirus treatment showed positive data.

Marcel Kusch/dpa/picture alliance via Getty Images

KEY FACTS

The Dow Jones Industrial Average was up 1.4%, nearly…

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