Markets Today: Stocks Climb on M&A Activity and Lower Bond Yields
From Barchart:
This morning, stock index futures are moderately higher, with March E-Mini S&P 500 futures up +0.06% and March Nasdaq 100 E-Mini futures up +0.18%. The increase in M&A activity is supporting stocks, with Boston Scientific’s agreement to buy Axionics for $3.7 billion and Johnson & Johnson’s announcement of a $6.5 billion deal with Momenta Pharmaceuticals. This news is contributing to positive market sentiment and may drive further stock gains throughout the day.
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