At 9:41 a.m. ET (1341 GMT), the Dow
Jones Industrial Average was up 67 points, or 0.33 percent, at
20,520.25, the S&P 500 was up 5.07 points, or 0.22 percent, at
2,334.02 and the Nasdaq Composite was up 17.33 points, or 0.3 percent,
at 5,822.48.
Investors are also keeping an eye on quarterly earnings to justify pricey valuations of stocks. The first quarter is expected to be strong, with earnings of S&P 500 companies estimated to have risen 10.4 percent.
Companies set to report results on Monday include Netflix and United Continental, which became a subject of international outrage for dragging a passenger from its plane.
The healthcare index fell slightly, weighed down by a 10 percent fall in Incyte Corp and a 4 percent drop in Eli Lilly. The U.S. FDA declined to approve a drug for rheumatoid arthritis made by the two companies.
Alere jumped 16 percent to $49.15 after Abbott agreed on Friday to buy the company in a deal valued at about $5.3 billion.
Advancing issues outnumbered decliners on the NYSE by 1,826 to 833. On the Nasdaq, 1,471 issues rose and 860 fell.
The S&P 500 index showed four 52-week highs and no lows, while the Nasdaq recorded 13 highs and 11 lows.
Investors are also keeping an eye on quarterly earnings to justify pricey valuations of stocks. The first quarter is expected to be strong, with earnings of S&P 500 companies estimated to have risen 10.4 percent.
Companies set to report results on Monday include Netflix and United Continental, which became a subject of international outrage for dragging a passenger from its plane.
The healthcare index fell slightly, weighed down by a 10 percent fall in Incyte Corp and a 4 percent drop in Eli Lilly. The U.S. FDA declined to approve a drug for rheumatoid arthritis made by the two companies.
Alere jumped 16 percent to $49.15 after Abbott agreed on Friday to buy the company in a deal valued at about $5.3 billion.
Advancing issues outnumbered decliners on the NYSE by 1,826 to 833. On the Nasdaq, 1,471 issues rose and 860 fell.
The S&P 500 index showed four 52-week highs and no lows, while the Nasdaq recorded 13 highs and 11 lows.
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