The S&P 500 closed up 0.2% in Friday trading to 2,602.42, a record.
The Dow Jones Industrial Average rose 0.1%, to 23,557.99.
The Nasdaq climbed 0.3% to 6,889.16.
The yield on a 10-year Treasury bond hiked up 0.8% to 2.34%.
The price of gold dropped 0.4% to $1,292.
HEALTHCARE
Peregrine Pharmaceuticals Inc. (Nasdaq: PPHM) in Tustin was up 3% to $4.49 and a $202 million market cap. The cancer drug developer and private label drug maker scheduled a shareholder meeting for Jan. 18—a move activist investors have pushed Peregrine to make.
Cannabis Science Inc. (OTC: CBIS) in Irvine was up 11% to 4 cents and a $106 million market cap. It makes cannabinoid-derived drug products and said this week it bought a Los Angeles area dispensary as part of the company’s wider expansion aims.
