The Dow advanced 0.46 percent to 34,792.90 at the close of business on Friday, while the NASDAQ gained 0.67 percent to 14,619.12. The S&P 500 increased 0.66 percent to 4,348.47.
The United States has the largest number of coronavirus cases and deaths in the world, with 33,680,520 infections and 605,030 deaths reported. India recorded at least 30,458,250 cases and 400,310 deaths, while Brazil reported around 18,622,300 cases and 520,090 deaths. According to data provided by Johns Hopkins University, there were at least 182,685,990 cases of COVID-19 worldwide, with more than 3,956,750 deaths.
On Friday, shares of information technology rose 1.2 percent. Marin Software Incorporated MRIN 33.55 percent, up 38 percent, and Cerence Inc. CRNC 14.3 percent, up 16 percent, were among the sector’s top gainers.
Energy stocks declined 0.2 percent in Friday’s session.
In June, the US economy added 850,000 jobs, the highest level of job creation in ten months. In June, the unemployment rate in the United States increased to 5.9%.
WAVE 77.14 percent of Eco Wave Power Global AB WAVE WAVE WAVE WAVE WAVE WAVE WAVE WAVE WAVE WAVE WAVE WAVE WAVE WAVE WAVE WAVE WAVE WAVE WAVE WAVE W Alpha Capital owns 8.7% of the company, according to a 13G filing.
Alector, Inc., ALEC 57.03 percent, had its stock rise 53 percent to $34.37. Alector and GlaxoSmithKline have formed a global partnership to develop and commercialize two monoclonal antibodies to raise progranulin (PGRN) levels.
After the company announced a new MRO agreement with Honeywell, TAT Technologies Ltd. TATT 44.64 percent shares were also up, rising 39 percent to $8.21.
After receiving a letter from the FDA on the sulopenem etzadroxil/probenecid marketing application review for uncomplicated urinary tract infections, Iterum Therapeutics plc ITRM 38.21 percent shares fell 38 percent to $1.4167. At this time, the agency has discovered shortcomings that prevent discussion of labeling and post-marketing requirements/commitments.
After the firm voluntarily discontinued the AROENaC1001 Phase 1/2 research investigating ARO-ENaC for cystic fibrosis, shares of Arrowhead Pharmaceuticals, Inc. ARWR 25.68 percent fell 26 percent to $63.01. After obtaining a preliminary update from an ongoing chronic toxicology investigation in rats, which revealed unexpected evidence of local lung inflammation, the decision was made.
Alterity Therapeutics Limited ATHE was down 19.63 percent, down 21% to $1.69. A proposed offering of 322,857,900 shares was disclosed in an Alterity Therapeutics Australia document. On Thursday, Alterity Therapeutics’ stock rose over 65 percent after the firm revealed it had been given a new US patent that targets key neurological illnesses such as Alzheimer’s and Parkinson’s.
Oil fell 0.1 percent to $75.18 per barrel, while gold rose 0.8 percent to $1,790.90 per ounce.
Silver surged 2.1 percent to $26.645 on Friday, while copper gained 1.3 percent to $4.2920.
Today’s European stock market close was mixed. The STOXX 600 index in the eurozone rose 0.26 percent, while the Spanish Ibex Index lost 0.28 percent and the German DAX 30 rose 0.3 percent. Meanwhile, the FTSE 100 in London declined 0.03 percent, the CAC 40 in France fell 0.01 percent, and the FTSE MIB in Italy fell 0.01 percent.
In January-May, the French government’s budget deficit increased marginally to EUR 118.8 billion, up from EUR 117.9 billion the previous year. Spain’s jobless rate fell from 3.61 million in May to 166,911 in June.
In June, the US economy added 850,000 jobs, the highest level of job creation in ten months. In June, the unemployment rate in the United States increased to 5.9%.
In May, the trade gap grew to $71.2 billion, up from $69.1 billion the previous month.
Following a corrected 0.1 percent fall in April, manufacturing orders in the United States increased by 1.7 percent in May.
Baker Hughes Inc said that the total number of active U.S. oil rigs increased by four this week to 376./n
