President Trump announced today that the FDA has approved hydroxychloroquine for COVID-19.
Ref: https://www.msn.com/en-us/news/politics/donald-trump-says-malaria-drug-for-coronavirus-has-been-approved-by-fda/ar-BB11qhdJ?ocid=spartandhp
“Scientists observed a "significant" reduction in viral load in the patients treated with hydroxychloroquine, and that the effect was reinforced by azithromycin, Medscape reported.
Didier Raoult from Aix-Marseille University in France, one of the main proponents for using hydroxychloroquine to treat novel coronavirus—known as SARS-CoV-2—released encouraging results of a preliminary trial involving a total of 36 COVID-19 patients."
Essentially, Dr. Raoult cured the patients in this Corona Virus study. This news if understood by the market could reverse the current downward market trend. TMI
...Again, l know this news should be of the Off-Topic.