On Thursday, S&P 500 closed at $2,799.55 (+0.58%), these gains were attributed to a report that indicated promising results from therapeutics used to treat Covid-19 and also talks of re-opening the US economy. The University of Chicago Medicine researchers reported that they saw quick recoveries in 125 coronavirus patients who were given Gilead Sciences Inc. experimental drug redeliver (in clinical trials). US President Donald Trump, in a press conference on Thursday, spoke about a three-phase process to re-open the US economy. He said, “America wants to be open, and Americans want to be open. We must have a working economy, and we want to get it back very, very quickly.”