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US stocks advance; biotech shares rebound on Gilead results

2015-05-02 22:12:15| Biotech - Topix.net

U.S. stocks rose Friday, with the Standard & Poor's 500 Index paring a weekly loss, as Gilead Sciences Inc. led a rebound after Thursday's selloff in biotechnology and small-cap shares. Gilead added 5.4 percent after first-quarter profit exceeded projections, and Biogen Inc. rose 3.4 percent.

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Category:Biotechnology and Pharmaceuticals

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