Technology stocks lifted US equity markets after another choppy session that included another grim weekly jobless claims report - Dow added +33-points or +0.14%, recovering from a slide of over >200-points earlier in the session. Boeing Co gained +% in the extended session (having ended the regular session down -8%) after the aerospace and defense company said it will resume next week all commercial-airplane production at its Puget Sound, Washington state-area facilities in "a phased approach", a move that will see ~27K employees return to work. The broader S&P500 gained +0.58% . Gilead Sciences Inc surged +16.4% in the extended session following a report on health care media site Stat that one of the company's drugs (Remdesivir) showed promising results in treating COVID-19 patients. This report is being cited as a key reason for an ~700-point jump in Dow futures after the markets’ close. The NASDAQ rallied +1.63%. Netflix Inc (up +2.91%) and Amazon.com Inc (+4.36) each rose more than >2.5% to record levels. Netflix was buoyed by a marked upgrade by analysts at Goldman Sachs. The latest gains left Netflix up +36% year to date and Amazon up +30.3%.
