Health Care Up as Market Momentum Helps Biotech -- Health Care Roundup

Features Dow Jones Newswires

Shares of health-care companies rose as traders sought out risky stocks, such as biotechnology companies as stock indexes hit new record highs.

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Eli Lilly said longtime Chief Financial Officer Derica Rice will retire at the end of this year after more than a decade in the position. Some analysts say Ohio's efforts to draw parallels between tobacco lawsuits and its recent lawsuits filed against opiod makers could be a stretch, given the superior health benefits of painkillers over cigarettes, when used responsibly.

(-By Rob Curran, rob.curran@dowjones.com)

(END) Dow Jones Newswires

June 01, 2017 16:24 ET (20:24 GMT)