Thornburg Investment Management Co-head of Investments and Portfolio Manager Ben Kirby in Bloomberg

S&P 500 Extends Weekly Gain on Virus Treatment: Markets Wrap

  • Tech shares underperform broader market, defying recent trends
  • WTI crude oil climbs past $40 a barrel; Treasuries erase gains

U.S. stocks gained as signs that the world could be closer to an effective treatment for Covid-19 blunted concerns that a rising number of cases will curb the global economic recovery.

Read more: https://www.bloomberg.com/news/articles/2020-07-09/asia-stocks-to-track-u-s-drop-treasuries-jump-markets-wrap

© Zito Partners 2011-2019. All rights reserved.