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Wall Street rises as Syria fears ease; healthcare stocks jump

Reuters 

By Sruthi Shankar(Reuters) - U.S. stocks rose on Monday, boosted by healthcare stocks and on easing fears that the recent U.S.-led missile attack on Syria would escalate into a broader conflict.Merck rose 2.5 percent after the company presented positive data on its cancer drug Keytruda, driving a 0.7 percent gain in the healthcare index.The market appeared less concerned about possible retaliation from the air strikes, which marked the biggest intervention by Western countries against Syrian President Bashar al-Assad and his ally Russia."The action was well-received ... and that's giving a ...

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First Published: Mon, April 16 2018. 21:37 IST
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