Dow Jones: Stocks Rose Tuesday After News Of Major Pharmaceutical Merger
ICM Brokers | Nov 19, 2014 02:37AM ET
Dow Jones
An upbeat European economic sentiment boosted broader U.S. equities indices. U.S. pharmaceutical Allergan Inc., which makes Botox, agreed to be acquired by Ireland's Actavis Inc. in a $66 billion deal, a move that sent healthcare stocks gaining and taking up broader stock indices up with them. Meanwhile in Europe, improving economic sentiment boosted U.S. stocks as well as did upbeat data back home.
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