By 11:05 am, the Dow Jones Industrial Average was up 83.21 points, or 0.74%, to 11,338.99, while the broader Standard & Poor's 500 index had gained 10.83 points, or 0.90%. The NASDAQ composite index rose 18.79 points, or 0.74%.
Some of the narrow based indexes that are driving the markets are Russia Stocks and ADRs, which have gained 4.8%, Optical Networking Stocks, down 4.4%, and Pharmacy Benefit Manager Stocks, moving 4.3% lower as a group.
In Tickerspy's Russia Stocks and ADRs complex, Wimm-Bill-Dann Foods OJSC WBD had surged 27.2%. PepsiCo Inc PEP announced its plans to buy majority stake in WBD for $3.8 billion.
The best performing Tickerspy Optical Networking stock has been Finisar Corporation FNSR, which was up 10.3%. FNSR posted better than expected FQ2 earnings.
SXC Health Solutions Corp SXCI is today's leading Tickerspy's Pharmacy Benefit Manager stock, gaining 7.9%. SXCI announced its plans to buy MedfusionRx LLC.
Read more from Benzinga's Markets.
Market News and Data brought to you by Benzinga APIs© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Loading...
Posted In: EarningsM&AIntraday UpdateMarketsMoversCommunications EquipmentConsumer StaplesHealth CareHealth Care TechnologyInformation TechnologyPackaged Foods & MeatsSoft Drinkstop Narrow Based Indexes
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in