merck co: The SPDR S&P Biotech exchange-traded fund rose the most since 2008, while Pfizer Inc. and Merck & Co. jumped at least 6 percent, according to Bloomberg. JPMorgan Chase & Co. rose 4.6 percent to a record, and Goldman Sachs Group Inc. had its best one-day gain in 4 1/2 years. Health-care shares and lenders surged as investors unwound bets that a win by Hillary Clinton would bring stronger regulatory scrutiny. The S&P 500 Index rose 1.1 percent to 2,163.26 at 4 p.m. in New York, extending its advance after rising above its average prices during the past 50 and 100 days. The Nasdaq Composite Index added 1.1 percent, and the Russell 2000 Index increased 3.1 percent, its best since January. The Dow climbed 256.95 points, or 1.4 percent, to 18,589.69, a two-month high.
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