Shares of health-care companies rose amid bets there would be further consolidation in the sector. Health-care companies are responding to changes in the U.S. health system by merging with companies, leading to marriages from companies in different sub sectors of the industry.
Marijuana-related stocks, which had run up in advance of the legalization of recreational cannabis in California, fell again Friday, extending their prior-session losses after the U.S. Justice Department overturned an Obama-era protection for states that have legalized the plant.
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-Rob Curran, firstname.lastname@example.org
(END) Dow Jones Newswires
January 05, 2018 16:51 ET (21:51 GMT)