Stocks Post Biggest Gains in More Than a Year
U.S. stocks ended the week on a high note, posting their biggest weekly gains in more than a year.
The healthcare sector was a big winner on the S&P 500 as it had its best week in more than 5 years.
The two nurses who had been quarantined with the deadly Ebola virus are no longer displaying symptoms. In fact, Nina Pham met with President Obama today, and even got a hug from the commander-in-chief.
Meanwhile, officials are monitoring various locations around New York City that Dr. Craig Spencer visited shortly before he was admitted to Bellevue Hospital. Spencer's fiancé is also under quarantine at the same hospital.
Former Surgeon General Richard Carmona joined FOX Business on Friday and said that he thinks the U.S. may want to implement a travel ban.
Looking at the auto industry, Cadillac may soon become a New Yorker. The iconic brand has announced plans to move its headquarters from Detroit to Manhattan as part of parent General Motors' efforts to spice up Cadillac’s image and boost sales. Cadillac president Johan De Nysschen joined FOX Business on Friday and said that he expects sales to double in less than 6 years.
Looking ahead to next week, the Federal Reserve will release its policy statement on Wednesday – investors will be looking for any clues on policy change.
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