(Reuters) - NEW YORK, July 23 - U.S. stocks rose on Monday as
stronger-than-expected profits in the pharmaceutical sector and
news of a takeover in the oil services industry fueled a
rebound from Friday's sell-off.
Drug makers Schering-Plough Corp. and Merck & Co.
, a Dow component, both reported quarterly results above
analysts' expectations.
Read more at Reuters.com Bonds News
stronger-than-expected profits in the pharmaceutical sector and
news of a takeover in the oil services industry fueled a
rebound from Friday's sell-off.
Drug makers Schering-Plough Corp. and Merck & Co.
, a Dow component, both reported quarterly results above
analysts' expectations.
Read more at Reuters.com Bonds News
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