May 26, 2020
22:18
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This Tuesday, the floor of the New York Stock Exchange reopened after several weeks of closure linked to the pandemic. It is an emblematic step in restarting the economy.
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The New York Stock Exchange closed sharply higher on Tuesday, supported by optimism about a recovery in the economy and encouraging announcements about the search for a vaccine against the coronavirus.
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After a three-day Memorial Day weekend, the Dow Jones was showing a clear rise and has risen above the symbolic threshold of 25,000 points for the first time since early March. At the close, the flagship index climbed 2.17% at 24.995.11 points. The S&P 500 taking 1.23% at 2,991.77 points. The Nasdaq was rising from 0.17% at 9,340.22 points.
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Novavax
jumped up, announcing to join the Covid race. He has started a human clinical trial of a vaccine candidate.
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The pharmaceutical giant Merck
, which had stayed away from research against the coronavirus, announced the takeover of the Austrian Themis Bioscience and its participation in the development of two vaccines and an antiviral treatment.
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Travel-related stocks, particularly slaughtered with falling demand, were on the rise. The actions ofAmerican Airlines
, of United Airlines
and listed cruise ship operators jumped more than 13%.
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