Health-care companies rose amid ongoing enthusiasm about obesity drugs.

Shares of Danish drugmaker Novo Nordisk rose by more than 3% as traders bet demand would continue to rise for the company's Ozempic drug. Eli Lilly, whose Mounjaro product is set to be a key Ozempic rival, also rose.

Physician-office landlords Healthpeak Properties and Physicians Realty Trust agreed to an all-stock merger valued at $21 billion.

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(END) Dow Jones Newswires

10-30-23 1749ET