![Health Care Stocks Lead Positive Day – Acadiana Business Index](http://townsquare.media/site/36/files/2012/06/Ken-Meyers-e1354841870716.jpg?w=980&q=75)
Health Care Stocks Lead Positive Day – Acadiana Business Index
Stocks rallied to finish higher on Monday. Ken Meyers has your stock market report on the Acadiana Business Index.
- The Dow gained 95 points to close at 13424. The S&P 500 added over 11 points to finish at 1440. The NASDAQ added 20 points to end the session at 3064. The major averages rebounded from last week’s retreat after a report showed retail sales climbed 1.1% in September.
- Financials also provided a tailwind to the market today. Citigroup advanced $1.91 to $36.66 after posting better-than-expected quarterly results. Goldman Sachs gained $4.30 to $124.50 ahead of its earnings release tomorrow morning.
- Health care was the best performing group on the session. Shares of Eli Lilly rose $2.08 to $52.53 after favorable results of a study for a potential stomach cancer treatment.
- Semiconductor stocks paced the tech sector higher. Texas Instruments added 92 cents to $28.20 on reports Amazon.com is in talks to acquire the company’s mobile chip unit.
- Telecom was the worst performing group today. Sprint gave back early gains on Softbank agreeing to acquire 70% of the wireless company to finish down 4 cents to $5.69. AT&T retreated 42 cents to $35.21.
- Breadth was positive on issues by 2-1 on the NYSE and 7-4 on the NASDAQ. NYSE composite volume totaled 3.4 billion shares.
- The 10-year note was down 3/32 to yield 1.66%.
Page 1
For the complete report, click Ken's Market Report.
More From News Talk 96.5 KPEL
![Breaux Bridge Man Drowns After Car Plunges into Pond](http://townsquare.media/site/36/files/2024/07/attachment-Untitled-design-16-copy.jpg?w=980&q=75)
![Louisiana to be Prominently Featured at Republican National Convention](http://townsquare.media/site/36/files/2024/07/attachment-RNC-LOGO.jpg?w=980&q=75)
![Louisiana Man Indicted On 7 Counts in Murder, Kidnapping Case](http://townsquare.media/site/36/files/2024/07/attachment-Screenshot-2024-07-12-at-4.10.22-PM.jpg?w=980&q=75)
![Acadiana Single Mom Gifted Car By Lafayette Non Profit](http://townsquare.media/site/36/files/2024/07/attachment-Untitled-design-161.jpg?w=980&q=75)
![Two Arrested for Church Point, Louisiana ATM Theft](http://townsquare.media/site/34/files/2022/04/attachment-jake-allen-7Q1lhdgbyNU-unsplash.jpg?w=980&q=75)
![CEO of Louisiana Animal Charity Arrested for Child Pornography and Animal Sexual Abuse](http://townsquare.media/site/36/files/2024/07/attachment-Untitled-design-16.jpg?w=980&q=75)
![Louisiana Man Robbed at Gunpoint in His Own Home](http://townsquare.media/site/36/files/2024/01/attachment-Untitled-design-43.jpg?w=980&q=75)
![4th of July Firework Laws for Louisiana and Acadiana](http://townsquare.media/site/33/files/2013/12/Fireworks-Getty.jpg?w=980&q=75)
![Police Car Submerges in Louisiana Bayou Following High-Speed Chase](http://townsquare.media/site/36/files/2024/07/attachment-michael-fortsch-y5LaV9IEC_g-unsplash.jpg?w=980&q=75)