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MarketWatchNov 15, 2019
Market Snapshot: U.S. stocks climb to fresh records on revived hope for U.S. - China trade deal
U.S. stocks closed at fresh record highs on Friday on revived hopes for a U.S. - China trade deal despite mixed economic data.

RELATED ARTICLES
Trade deal hopes, surging health stocks power Wall Street to highs (Reuters Business)

MarketWatch MarketPulseNov 15, 2019
Major stock indexes close at new highs on fresh trade optimism and retail sales beat
U.S. stocks swept to fresh records as investors turned more bullish on a trade deal with China and focused on rosy consumer data. The Dow Jones Industrial Average closed about 222 points, 0.8%, higher, just above 28,000. The S&P 500 jumped 24 points, 0.8%, to close at about 3,120. The Nasdaq was about 62 points, 0.7%, higher at the close, at 8,541. Shares of J.C. Penney Co. Inc. jumped after beating earnings expectations for the recent quarter.

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.



CNBC FinanceNov 15, 2019
After Dow tops 28,000, the next 1,000 points will be determined by trade talks
Stocks bounced on trade headlines on Friday, but the market could stall out in the week ahead if there is no real progress toward a deal.

Reuters Company NewsNov 15, 2019
US STOCKS-Trade deal hopes, surging health stocks power Wall St to highs
* U.S., China getting close to trade deal-White House adviser

Google Market NewsNov 15, 2019
Dow breaks 28,000 with big boost from one company - Fox Business
Dow breaks 28,000 with big boost from one company  Fox BusinessDow hits 28,000 for the first time  CNNDOW 28,000!  BreitbartDow tops 28,000 as US, China trade deal comes together  Fox BusinessStocks- S&P 500 Soars to 6th Weekly Gain By  Investing.com

MarketWatch MarketPulseNov 15, 2019
FTC makes Celgene's Otezla divestiture official condition for Bristol-Myers acquisition
Celgene Corp. is required to divest its most popular psoriasis treatment in order to be acquired by Bristol-Myers Squibb Co. , the Federal Trade Commission announced Friday. For Bristol-Myers to close on its $74 billion acquisition, Celgene will have to sell its drug Otezla for $13.4 billion to Amgen Inc. , the FTC said. "The Commission has ordered BMS to divest Otezla to preserve BMS's incentive to continue developing its own oral product for treating moderate-to-severe psoriasis," said FTC Chairman Joseph Simons in a statement. "The antitrust laws protect not only competition today, but competition in the future, especially when it comes to the development of new treatments for chronic conditions." The companies already anticipated the FTC's concerns and agreed to the deal back in August.

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.


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