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U.S. Stocks Finish Higher With Healthcare, Earnings in Focus


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Fading fears about Syria and a huge lift from Merck ( MRK ) were a welcome push higher for the Dow. Fellow healthcare concern UnitedHealth ( UNH ) stock also got a lift ahead of the company's earnings report tomorrow. Several more stocks could move this week as earnings season heats up, with FAANG member Netflix ( NFLX ) reporting tonight, and Dow component General Electric ( GE ) reporting later this week.

Continue reading for more on today's market, including:

The Dow Jones Industrial Average (DJI - 24,573.04) gained 212.9 points, or 0.9%, for the day. UnitedHealth was the biggest of the 25 gainers, surging 2.7%. GE was the biggest loser, falling 1.3%.

The S&P 500 Index (SPX - 2,677.84) picked up 21.5 points, or 0.8%, while the  Nasdaq Composite (IXIC - 7,156.29)  gained 49.6 points, or 0.7%.

The Cboe Volatility Index (VIX - 16.56)  lost 0.9 point, or 4.9%, for the day.

Closing Indexes Summary April 16

NYSE and Nasdaq Stats April 16

5 Items on Our Radar Today

  1. U.S. retail sales rebounded 0.6% in March, after three straight months of declines. Auto sales surged 2% -- the most in six months -- according to the Commerce Department. ( CNBC )
  2. An American woman won the Boston Marathon for the first time in over three decades this afternoon, with a time of just under 2:40:00. The win also marked a notable feat due to the intense winds and icy rain that pelted runners on the 26.2-mile course. ( MarketWatch )
  3. The beauty stock boosted by an analyst upgrade .
  4. A pharma stock slaughtered on dismal trial data
  5. Why options traders circled sinking ZTE suppliers .

Corporate Earnings April 16

Unusual Options Activity April 16

Data courtesy of  Trade-Alert

Oil Dips Alongside Middle East Worries

Decreased Syria tensions and increased domestic drilling activity sent oil futures lower to start the week. May-dated crude ended Monday down $1.17, or 1.7%, to finish at $66.22 per barrel.

Pressure on the dollar increased after President Donald Trump's tweet regarding China and Russia's "currency devaluation game," sending gold higher for the day. June-date gold ended Monday up $2.80, or 0.2%, to settle at $1,350.70 per ounce.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.



This article appears in: Investing , Options
Referenced Symbols: MRK , UNH , NFLX , GE



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