Health-care companies rose as the obesity drug craze was set to spread.

Novo Nordisk shares rallied after China approved sales of its weight-loss drug, Wegovy.

Merck Group, the German pharmaceutical company that's not connected to the U.S. company with a similar moniker, declined after it pulled the plug on a late-stage trial of its cancer drug, Xevinapant.


Write to Rob Curran at rob.curran@dowjones.com

(END) Dow Jones Newswires

06-25-24 1746ET