Updated 2015-03-16 21:23. Published 2015-03-16 21:20
US stocks closed Monday’s session clearly on the plus at the daily high. Hope for a delayed rate increase after weak industrial data yielded buying pressure with a positive sentiment in Europe.
“We have seen little weak statistics and a certain drop in bond yields. A rate hike in June feels not very obvious anymore” said Donald Selkin, chief market strategist at National Securities in New York, told Bloomberg News.
Strong focus was directed with the specialty pharmaceutical company. Valeant has raised its offer for the sector colleague Salix Pharma after Endo International entered the bidding war. Valeant and Salix Pharma ended about 2 percent higher.
Even Swedish acquaintances King got a good weekly start. Game developer closed 1 percent higher at a height recommendation from JP Morgan.
Tesla, who had a weak 2015, climbed 3.7 percent. Electric car manufacturer shall be able to upgrade the software to lessen the anxiety of the driver on how much battery life is left.
Even Walgreens Boots Alliance climbed. The pharmacy chain (+ 3.6%) will replace Equinix on Nasdaq.
In the other direction Netflix went after a sell recommendation from Evercore. Share, which is up 28 percent so far this year, dropped 3.7 percent.
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