Here's what happened to the stock market on Thursday

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Here's what happened to the stock market on Thursday
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Wall Street was taken for a ride that highlighted the importance of finding a treatment for the coronavirus.

Questions over remdesivir

The Financial Times said — citing documents accidentally published by the World Health Organization — that Gilead Sciences' drug remdesivir did not improve patients' condition or reduce the coronavirus pathogen in their bloodstream. Those findings, according to the report, came from a clinical trial in China. Gilead took exception with the report, saying: "it was underpowered to enable statistically meaningful conclusions.

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