Investors are focussed on midterm election results and inflation data over the week. Shares in Walgreens Boots Alliance gained 4.1% as VillageMD, a primary care provider backed by the pharmacy chain, said it will acquire Summit Health in a deal valued at nearly US$9 billion. Shares in Meta Platforms rose 6.5% on reports that it was planning to cut staff numbers. At the close of trade, the Dow Jones index was up 424 points or 1.3%. The S&P 500 index rose by 1.0% and the Nasdaq index lifted...
Investors are focussed on midterm election results and inflation data over the week. Shares in Walgreens Boots Alliance gained 4.1% as VillageMD, a primary care provider backed by the pharmacy chain, said it will acquire Summit Health in a deal valued at nearly US$9 billion. Shares in Meta Platforms rose 6.5% on reports that it was planning to cut staff numbers. At the close of trade, the Dow Jones index was up 424 points or 1.3%. The S&P 500 index rose by 1.0% and the Nasdaq index lifted by 89 points or 0.9%.
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