Unemployment Claims Top 30 Million in U.S.: Live Updates

This news was also a boon to Chinese drugmakers that make some of the ingredients in Gilead’s drug.

Broader positive sentiment was on display in commodities markets, too, as the price of oil continued a rally after Norway, a major oil producer, said that it would limit production, something that will lift sagging prices. The price of the U.S. benchmark, West Texas Intermediate, jumped 16 percent to $17.53, while Brent crude, the international benchmark, rose more than 12 percent to $25.31 a barrel.

Article source: https://www.nytimes.com/2020/04/30/business/stock-market-today-coronavirus.html