In u. S. Stocks. All three major averages touching closing records. The nasdaq the only other three to also trade at an intraday record as we see strength on this day when we have a smattering of earnings reports to keep an eye on. That is one of the things helping boost the stock market. Also in the case of the stock market, technology is outperforming. Word aboutsay a volume. One of our chart masters cooked up this chart. Here is the average volume if you go back over the duration of the bull market. Here is this year in white. And the low of the bull market is here in red. 2017, volume has been running well above average. It started to arise a little bit, but again, still below the average line. Something to keep in mind as we enter this latest stage of the bull market. Back to earnings, i mentioned a smattering of them today. Tocks are rising, helping support overall gains in the s p 500. The packaged meat make a harm ormel, theiret h averages up 2. 5 . Medtronic coming out with ea
A better place to run its business than the United States of america is burger king. The company is in talks to buy canadas donut chain, tim hortons. Back to our top stories, roche has agreed to buy a u. S. Biotech firm and wit will get 8 billion itcash it will get billion dollars in cash. A record year for m a. Olivia sterns joins us live more. Welcome. Good monday morning. So nice to see you. Why intermune . Big bet on a drug that treats a rare long disease. The fda has already designated the breakthrough category. It has got a lot of pricing power. It is a disease that kills about 40,000 americans per year. The other reason is this is gets roche further. The asthmao build jokes a section of the business. The third reason is this is exactly the kind of old on acquisition we knew that roche and a lot of other players in the industry are looking to do instead of paying a billion dollars without any guarantee, they want to buy up their pipelines and buy jugs in late stage development. T
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Those are just some of the stories were covering on tonights pbs newshour. Major funding for the pbs newshour has been provided by ive been around long enough to recognize the people who are out there owning it. The ones getting involved, staying engaged. They are not afraid to question the path theyre on. Because the one question they never want to ask is, how did i end up here . I started schwab with those people. People who want to take ownership of their investments, like they do in every other aspect of their lives. Supported by the john d. And catherine t. Macarthur foundation. Committed to building a more just, verdant and peaceful world. More information at macfound. Org and with the ongoing support of these institutions and foundations. And. This program was made possible by the corporation for public broadcasting. And by contributions to your pbs station from viewers like you. Thank you. Ifill from the coasts to the heartland, people everywhere are feeling the effects of Glob
Those are just some of the stories were covering on tonights pbs newshour. Major funding for the pbs newshour has been provided by ive been around long enough to recognize the people who are out there owning it. The ones getting involved, staying engaged. They are not afraid to question the path theyre on. Because the one question they never want to ask is, how did i end up here . I started schwab with those people. People who want to take ownership of their investments, like they do in every other aspect of their lives. Supported by the john d. And catherine t. Macarthur foundation. Committed to building a more just, verdant and peaceful world. More information at macfound. Org and with the ongoing support of these institutions and foundations. And. This program was made possible by the corporation for public broadcasting. And by contributions to your pbs station from viewers like you. Thank you. Ifill from the coasts to the heartland, people everywhere are feeling the effects of Glob