Shares of health-care companies rose as earnings continued to come in strong. Swiss drug maker Roche Holding (RHHBY) said its nine-month group sales rose, buoyed by new drugs. Abbott Laboratories (ABT) ticked down after it reported a slight decrease in quarterly earnings. Marijuana stocks, which had run up in anticipation of legalization of recreational use in Canada, fell sharply on the day the measure came into law. Pfizer(PFE) plans to cut about 2% of its workforce across the globe, according to a CNBC report.

-Rob Curran, rob.curran@dowjones.com

(END) Dow Jones Newswires

October 17, 2018 16:21 ET (20:21 GMT)

Copyright (c) 2018 Dow Jones & Company, Inc.
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