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Medtronic shrugs off concerns over newer weight-loss drugs, raises annual forecast

UPDATE 5-Medtronic shrugs off concerns over newer weight-loss drugs, raises annual forecast Adds CEO comment from interview in paragraph 7, analyst comment in paragraph 6 By Khushi Mandowara and Christy Santhosh Nov 21 (Reuters) - Medtronic MDT.N raised its annual earnings forecast on Tuesday as strong sales in its surgical and diabetes units allayed concerns about the impact of new diabetes and weight-loss drugs on long-term growth, sending its shares up nearly 4% in morning trade.
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U.S. stocks weekly: Mood boost

RPT-BUZZ-U.S. stocks weekly: Mood boost Repeats from Friday with no changes to text, updates chart ** S&P 500 .SPX gains for 3rd straight week, adds 2.2%, as tame inflation readings boost sentiment .N ** At first, SPX flirts with trend line from Jul high, before then thrusting higher ** Though, by week's end, this other resistance, still a thorn in the index's side ** Every sector's mood lifts: real estate, materials most elated ** Real estate .SPLRCR surges 4.5%.
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U.S. stocks weekly: Mood boost

BUZZ-U.S. stocks weekly: Mood boost ** S&P 500 .SPX gains for 3rd straight week, adds 2.2%, as tame inflation readings boost sentiment .N ** At first, SPX flirts with trend line from Jul high, before then thrusting higher ** Though, by week's end, this other resistance, still a thorn in the index's side ** Every sector's mood lifts: real estate, materials most elated ** Real estate .SPLRCR surges 4.5%.
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S&P 500 takes a pause ahead of U.S inflation data

US STOCKS-S&P 500 takes a pause ahead of U.S inflation data For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window CPI October reading due early Tuesday Boeing up on report China plans to end 737 deal freeze Medtech companies rally after data on weight loss drug Dow up 0.16%, S&P dips 0.08%, Nasdaq down 0.22% Updated with preliminary closing prices 04:00 p.m.
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U.S. STOCKS Boeing, Booking Holdings, Eli Lilly

BUZZ-U.S. STOCKS ON THE MOVE-Boeing, Booking Holdings, Eli Lilly Eikon search string for individual stock moves: STXBZ The Day Ahead newsletter: https://refini.tv/3LI4BU7 The Morning News Call newsletter: https://refini.tv/3dKUyB8 The main U.S. stock indexes were mixed on Monday as investors awaited a crucial inflation reading this week that could shape expectations around how long the Federal Reserve will keep interest rates elevated.
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