The Friday Joy on US exchanges
2014-08-08 22:11
The American stock markets rebounded on Friday, eliminating the losses from earlier this week. International developments in Russia ended the military exercise near the border with Ukraine and clear information to the public about America’s air strikes in Iraq were contributing factors to the price increase.
One of the companies whose shares climbed best was Tekmira Pharmaceuticals rushed by over 40 percent after the United States Drug Administration approved the company’s experimental treatment for people infected with Ebola.
The Dow Jones industrial index rose 1.1 percent and the Nasdaq composite index rose 0.8 percent.
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