MarketWatch: stocks, bonds and more
Major U.S. stock indexes were higher today.
The S&P 500 added 0.5%. The Dow industrials gained 0.8%. The Nasdaq Composite was up 0.3%.
Tweet on trending stocks
Market watch, trending stocks today:
-Horizon
-Therapeutics
-Rivian
-Albertsons#Trending #stocks pic.twitter.com/kFGWNUzCwQ— The_Journalbiz (@the_journalbiz) December 12, 2022
Factset Data chart
Tuesday’s inflation data and Wednesday’s Federal Reserve decision are expected to fuel a volatile week for markets.
Trending stocks today are:
Biotechnology company Amgen has agreed to buy drug maker Horizon Therapeutics.
Amgen, Horizon Therapeutics: Amgen has agreed to buy Horizon Therapeutics, according to people familiar with the matter, in a takeover likely to be valued at $27.8 billion. Horizon shares jumped nearly 15% premarket.
Rivian Automotive: The electric-vehicle startup said it has paused negotiations with Mercedes-Benz over a planned tie-up to produce electric vans in Europe. Rivian shares fell 0.7% ahead of the bell.
Albertsons: A Washington state judge on Friday extended a temporary restraining order blocking a $4 billion dividend that Albertsons planned to pay its shareholders amid its plans to be bought by Kroger.
