Towards the end of Friday’s session, the Dow Jones rose 1. 49% to 34,346. 53 while the NASDAQ rose 0. 75% to 14,556. 92.
The United States has the number of coronavirus cases and deaths in the world, reporting a total of 43,459,970 cases with an estimated 697,840 deaths. India has shown a total of at least 33,766,700 cases and 448,330 deaths, while Brazil has reported more than 21,427,070 cases of COVID-19 with 596,740 deaths In total, there have been at least 233,799,140 cases of international COVID-19 with more than 4,784,200 deaths, according to knowledge compiled through Johns Hopkins University.
ISM’s production PMI rose to 61. 1 in September, up from 59. 6 in analysts’ estimates.
Shares of Omeros Corporation (NASDAQ: OMER) fell 38% to $8. 56 after the company announced that the FDA had informed it that it had known gaps that save it discussion about labeling and post-market requirements/commitments at this time.
Vir Biotechnology, Inc. (NASDAQ: VIR) fell, falling 21% to $34. 19 in reaction to promising knowledge of competitor Merck’s COVID-19 antiviral candidate.
European equities closed big lower today: the eurozone’s STOXX 600 fell 0. 42%, Spain’s Ibex index rose 0. 04% and Germany’s DAX 30 fell 0. 68%, while London’s FTSE 100 fell 0. 84%, France’s CAC 40 fell 0. 04% and the FTSE MIB fell 0. 27%.
IHS Markit’s production PMI for France fell to 55 in September from 57. 5 last month, while the Spanish production PMI fell to 58. 1 in September from 59. 5 in August.
Germany’s retail sales rose 1. 1% in August, while the production PMI fell to 58. 4 in September from a starting point of 58. 5.
Personal expenditures increased by 0. 8% on a monthly basis in August, while non-public revenue sources increased by 0. 2%.