[BRIEFING.COM] The major averages continue to improve from their early lows as tech names pare their losses while the broader market continues to see healthy gains.
The health care sector (+2.5%) is one of today's top performers, extending its week-to-date gain to 5.6%, the best across S&P 500 sectors. Nearly all of the sector's components trade higher, with solid gains across some of its largest holdings such as Eli Lilly (LLY 1144.30, +27.04, +2.42%) and Johnson & Johnson (JNJ 247.54, +6.54, +2.71%).
Meanwhile, Bio-Techne (TECH 70.30, +11.43, +19.41%) holds the widest gain after news that the company will be acquired by Merck KGaA (MKKGY 33.32, +1.47, +4.62%) for $73 per share in cash.