The Dow Jones Industrial Average gained 0.4 percent to 19,023.87. Markets are betting that Washington will pursue growth-oriented policies including tax cuts, a ramp-up of infrastructure investments and fewer regulations. Johnson & Johnson shed 2.0 percent, Celgene 2.6 percent and Merck 1.0 percent. Medtronic, a medical device company, sank 8.7 percent as it reported lower-than-expected sales ahead of new product introductions for treating diabetes and cardiac and vascular ailments. Dollar Tree surged 8.2 percent as the discount store chain reported that third-quarter net income more than doubled to $171.6 million.

Source: The Nation Bangkok November 23, 2016 00:48 UTC