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Dow futures soar 700 points as investors pin hope on Gilead coronavirus treatment and U.S. reopening

April 17, 2020

Stock-index futures were up sharply Friday morning, possibly setting the stage for a rally for markets to end the week, after a treatment for the deadly COVID-19 pandemic that has infected more than 2 million people world-wide was reported to show early signs of promise.

Support was also attributed to guidelines issued by the Trump administration that would allow the gradual restart of the U.S. economy.

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