The Traderszone Network

Published in TZ Latest News 5 February, 2015 by The TZ Newswire Staff

Stocks Close Near Session Highs, But Volume Softens

Stocks closed with a flourish Thursday, although volume dwindled on both exchanges, according to preliminary data. The Nasdaq and S&P 500 rose 1% and the Dow Jones industrial average gained 1.2% in the stock market today. Generic drugmakers were the top-performing group, up more than 7%. Dow component Pfizer (PFE) agreed to buy Hospira (HSP), a member of the 17-member group, for a 39% premium over Wednesday’s close.

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