drugmakers

As an analyst upgrade of Goldman Sachs Group Inc. spurred a rally in financial shares, most U.S. stocks gained, tempering a drop in drugmakers and it has been concerned that the economy will require more government stimulus to end the recession.

Goldman Sachs rallied 3.8 percent as it is said by Bank of America Corp. that record trading revenue may be posted by the firm. Southwestern Energy Co. led energy shares higher as for the first time in eight days natural gas has shown an upward movement.

[click to continue…]

Tagged as: Alcoa Inc., bank, Bank of America Corp., Dow Jones Industrial Average, drugmakers, economy, fall in the initial jobless claims, fall in Treasuries, Goldman Sachs Group Inc., government stimulus, Kennametal Inc., Merck & Co., natural gas, Recession, S&P 500, Southwestern Energy Co., Standard & Poor’s 500 Index, U.S. Stocks Rise, US Treasuries, Warren Buffet

{ 0 comments }