Dow soars 530 points as coronavirus treatment optimism overshadows GDP slump

Business Insider

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· *US equities soared on Wednesday as traders gained new hope from positive preliminary data from a coronavirus drug trial.*
· *Gilead said on Wednesday morning that its remdesivir compound succeeded in a key trial.*
· *Investors' optimism about that news overshadowed a 4.8% contraction in US GDP through the first quarter....

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