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.
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