The peculiar feature of the recent trading week (February, 6 – February, 10) is that all sectors ended up the weekly trading with a downgrade before the last closing bell.
Over the recent week (January, 30 – February, 3) the Capital Goods sector experienced several bounces and after slow movement in the first two trading days the Capital Goods index showed steady heading up and ended the trading week 4.09% up while S&P index showed a raise of 2.18% before the closing bell.
Threshold Pharmaceuticals, Inc. (NASDAQ:THLD) experienced the highest weekly growth following the deal with Merck KGaA estimated at approximately up to $550 million.