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industrial data out of germany. desha back to that euro. within back to that euro. we have seen christine lagarde speak for the first time. she has been talking about the impact that the coronavirus has had. she said that the policymakers that the ecb have done what is justified but she continues to push for this idea that we do need this fiscal pop package to come through. the european commission s proposal for a revised financial train work and the next he generation eu are decided in this regard. it it is association it is associated with the proposal and could have an impact on the international role of the euro. it will important to adopt that package quickly. christine lagarde speaking a little earlier today. she will speak at the bottom of this hour as well. speaking to us from washington is adam pozen. banks,alk about central particularly the ecb given the fact that christine lagarde has just been speaking. herhe doing enough and are calls for greater fiscal
GermanyNew-yorkUnited-statesUnited-kingdomIranFranceMichiganLondonCity-ofGermansFrenchAmerican good morning i m dominic chu. we begin with breaking news and two biotech stocks surging ahead of the opening bell. first is gilead. soaring here on report patients are responding well to one of its coronavirus treatments at a hospital in chicago. those shares up by 13% pre-market trade can you see over the course of the last 24 hours, a massive move for gilead. the second is moderna. they secure key funding for the development of a coronavirus vaccine. those shares up 19% pre-market we have more about those two stocks throughout the course of the morning. now to the broader market this morning. hopes around gilead, futures right now are surging. the dow would be implied around 600 points, the s&p by about 64, nasdaq by about 140 points believe it or not, this is well off the highs of the session right now. we ll continue to watch that let s check the etfs that track. you can see the dow etf, the diamond up about 3%. s&p 500 etf, the spider, spy there up 2.5%. and the qqq tru
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