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Morning Movers: GlaxoSmithKline (NYSE: GSK)

2013-09-09 2 Dailymotion

<p>U.S. stocks edged higher on Monday, following Friday's weaker-than-expected employment report for August. In company news, GlaxoSmithKline (NYSE: GSK) is selling two drink brands to Suntory Beverage & Food, the distributor of PepsiCo Inc. (NYSE: PEP) products in Japan, in a $2.1 billion deal.</p><p>Shares of GlaxoSmithKline edged down 0.52 percent to $51.40 in morning trading.</p><p>The Dow hit 15,000 early in the session, while the Nasdaq 100 rallied to top its highest level since November 2000.</p><p>The Dow Jones industrial average rose 84.94 points or 0.57 percent, to 15,007.44. The S&P 500 gained 8.29 points or 0.5 percent, to 1,663.41. The Nasdaq Composite added 21.43 points or 0.59 percent, to 3,682.03.</p>

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