US STOCKS-Indexes rise on deals, drug company profits

(Reuters) - NEW YORK, July 23 - U.S. stocks advanced on
Monday as deal news, including a takeover in the oil services
industry worth nearly $18 billion, and strong pharmaceutical
sector profits reassured investors after Friday's sell-off.




Schering-Plough Corp. and Merck & Co. , a
Dow component, both reported quarterly results above analysts'
expectations.


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