RTTNews | Jul 31, 2020 04:45PM EDT

04:45 Friday, July 31, 2020

|BEGINSUB|Asian Shares Mostly Lower After Plunge In U.S. GDP|ENDSUB|Asian stocks ended mostly lower on Friday after data showed a record contraction in U.S. economic activity in the second quarter.Coronavirus fears and the possibility of a delayed November election in the U.S. also weighed on the markets, while better than expected quarterly earnings results from tech giants such as Apple, Amazon, Alphabet and Facebook as well as upbeat data from China and Japan helped ease worries about a global economic recovery.

|BEGINSUB|European Markets Close Mostly Lower As Stocks Tumble In Final Hour|ENDSUB|European markets ended lower on Friday, with stocks giving up early gains following a sell-off in the final hour, as the mood turned bearish due to worries about the economic impact of the coronavirus pandemic.

|BEGINSUB|Tech Stocks Lead Wall Street Higher On Upbeat Earnings News|ENDSUB|Stocks saw considerable volatility over the course of the trading session on Friday before eventually ending the day mostly higher. The major averages all moved to the upside late in the session, with the tech-heavy Nasdaq showing a particularly strong upward move.

|BEGINSUB|Stock Alert: Pinterest Climbs 28% After Q2 Results |ENDSUB|Shares of Pinterest, Inc. , a social media web and mobile application company, are rising 28 percent or $7.16 in Fridays morning trade at $32.35 after the company reported strong user growth and its revenue for the second quarter beat analysts estimates.

|BEGINSUB|Stock Alert: ElectroCore Jumps 56% After Updating Device Availability |ENDSUB|Shares of electroCore, Inc. (TS:ECOR) are gaining almost 56 percent or $0.86 in Fridays morning trade at $2.40.

Thursday, electroCore provided an update on the availability, distribution, and pricing for its gammaCore Sapphire CV non-invasive vagus nerve stimulation therapy under its Emergency Use Authorization or EUA.

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