Us Stocks Jumps
Eli Lilly closer to joining Magnificent Seven in $1 trn market cap club
"Could Lilly be the first $1 trillion biopharma stock?" Morgan Stanley's Terence Flynn and colleagues asked in a note to clients. "We continue to see a path for further upside"
 "Eli Lilly closer to joining Magnificent Seven in $1 trn market cap club")
Earnings optimism helps Wall St shrug off rising yields, Dow rises 300 pts
Shares of megacap companies like Microsoft Corp, Apple Inc and Amazon, typically sensitive to bond yields, jumped more than 1% despite hawkish comments from St. Louis Federal Reserve Bank President
 "Earnings optimism helps Wall St shrug off rising yields, Dow rises 300 pts")
Wall Street roars back ahead of Fed policy decision; Microsoft shines
Wall Street's main indexes climbed after two turbulent sessions and ahead of the outcome of a Federal policy meeting, with a stellar outlook from Microsoft boosting technology stocks
 "Wall Street roars back ahead of Fed policy decision; Microsoft shines")
US stocks gain as investors weigh Covid-19 impact on economic recovery
The S&P US Listed China 50 index, which is designed to track the performance of the 50 largest Chinese companies listed on US exchanges by total market cap, logged a weekly rise of 6 per cent
 "US stocks gain as investors weigh Covid-19 impact on economic recovery")
Nasdaq hits new record on swift economic recovery hopes; Dow up 220 points
The benchmark S&P 500 and the Dow are now 5.5% and 7.4% away from their respective closing highs, after surging more than 45% from their pandemic lows
 "Nasdaq hits new record on swift economic recovery hopes; Dow up 220 points")
Oil futures, crude prices gain with US stocks after coronavirus scare
On Monday, both contracts dropped to their lowest since October, on track for their biggest monthly declines since May.
 "Oil futures, crude prices gain with US stocks after coronavirus scare")
US stocks hit all-time high on rising optimism for trade deal with China
The week greeted investors with several doses of positive news, as the signs of progress joined with expectations for further monetary stimulus from the Fed after its Wednesday meeting
 "US stocks hit all-time high on rising optimism for trade deal with China")
Wall Street plunges after steep losses, boosted by Boeing's shares
The Nasdaq Composite added 43.36 points
 "Wall Street plunges after steep losses, boosted by Boeing's shares")
