Hefty gains for energy and technology companies have helped US stocks set more records on Monday. Hefty gains for energy and technology companies have helped US stocks set more records on Monday. Pharma deals and shutdown pact help US stocks set more recordsDrugmakers announced two major deals worth about $20 billion and smaller company stocks climbed after the Senate reached a short-term deal to end the government shutdown. Stocks were slightly higher in early going as strong fourth-quarter results from Halliburton helped energy companies, and big technology companies like Alphabet and Microsoft continued their ascent. “AIG became synonymous with this $180 billion bailout and here they are making a deal with cash,” said Ms Severinovsky.

Source: Irish Independent January 22, 2018 21:45 UTC