Dow closes 700 points higher as investors cheer Gilead coronavirus treatment and plans for U.S. reopening

Boeing shares provide lift to Dow 
Stocks rallied into the close Friday to notch their second-straight weekly gain after investor sentiment was buoyed by news of a possible treatment for the COVID-19 disease and after the Trump administration announced guidelines for reopening the economy late

Trading on Dow Jones & US Indices suspended as both fall by 7%

The S&P 500 and Dow Jones Industrial Index tanked 7 percent each at open hitting the lower circuit.
Trading on both the indices has been suspended for 15 minutes and will re-open at 9.49 am ET.
The carnage was the result of the steepest fall in crude oil prices since 1991, after Saudi Arabia

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