By Geoffrey Smith
- U.S. stock markets opened higher on Friday, as the market recovered from Thursday's disappointment over Gilead Sciences (NASDAQ:GILD)' experimental drug remdesivir, taking comfort in the passage of the latest $484 billion economic support package to be approved by Congress.
By 9:35 AM ET (1335 GMT), the Dow Jones Industrial Average was up 146 points or 0.6% at 23,628 points. The S&P 500 was up 0.5% and the Nasdaq Composite was up 0.4%.
