U.S. Worker's Productivity Increased 2.5% in Q2; Tekmira's Shares Up 45%

Stocks recovered today, with the Dow jumping up around 185 points and the S&P 500 ending above 1900. Many investors thought the U.S. market would follow Japan as the Nikkei index dropped 3% today. Shares of Ebola drugmaker, Tekmira Pharmaceuticals (TKMR) soared 45% today after the FDA allowed potential use of the pharmaceutical company's experimental drug to treat those infected with the Ebola virus that is sweeping through western Africa. U.S. worker's productivity rose by 2.5% in the second quarter, recovering from a sharp plunge in the first quarter.
Over the past 12 months, U.S. worker productivity has increased 1.2%.

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Published on Aug 8, 2014
By InvestorGuide Staff

Copyrighted 2020. Content published with author's permission.

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