US STOCKS-Nasdaq closes at all-time high as strong tech sector offsets jobless data
Gains in Apple Inc - the only publicly listed U.S. company to cross the $2 trillion market value milestone - Amazon.com Inc and Microsoft Corp underpinned the three main indexes' gains as investors bet they would ride out the economic crisis. Separate data from the Philadelphia Fed showed a business conditions index fell more than expected in August. "
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Coronavirus treatment remdesivir will reach patients this week, says developer Gilead
A possible COVID19 treatment, remdesivir could reach hospitalized patients this week, says the CEO of developer Gilead. “The data shows that remdesivir has a clear-cut significant positive effect in diminishing the time to recovery,” said Dr. Anthony Fauci, the government's top infectious-disease expert, during a White House press conference last week.
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