HomeBusinessHealthcare Industry Stock NewsStock Market Today: UNP & TSLA Rise, PFE To Acquire SGEN

Stock Market Today: UNP & TSLA Rise, PFE To Acquire SGEN

The Dow Jones closed higher along with the S&P 500, the Nasdaq-100, and the Russell 2000. Seven of the eleven S&P 500 sectors ended higher with consumer discretionary, industrials, and technology on top. Union Pacific (UNP) shares soared more than 10% today after announcing that its CEO, Lance Fritz, is stepping down. Tesla (TSLA) shares also closed about 5% higher after reports that production of its Model Y cars doubled at its berlin gigafactory. They Model Y is TSLA's best-selling EV and became the most sold car in Europe in November. Pfizer (PFE) is in talks to acquire Seagen (SGEN) for more than $30B. Tomorrow, look for earnings for Advance Auto Pars (AAP), AutoZone (AZO), JM Smucker (SJM), Norwegian Cruise Line (NCLH) and target (TGT). Tune in to find out more about the stock market today.

28 Feb 2023

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