Today: 1 July 2026
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NASDAQ:APOG 8 January 2026 - 21 June 2026

AbbVie-Apogee deal on radar for US healthcare stocks next week

AbbVie-Apogee deal on radar for US healthcare stocks next week

Healthcare stocks in the U.S. could move Monday after a report said AbbVie is nearing a $10.9 billion cash takeover of Apogee Therapeutics. That price would be about 60% over where Apogee ended Thursday. Neither company has confirmed a deal. The report came out Friday as U.S. exchanges were closed for Juneteenth, so investors got no chance to trade during normal hours. Markets stay closed Sunday and won’t reopen until 9:30 a.m. EDT on June 22. AbbVie and Apogee are expected to be in focus when the sector opens.

Stock Market Today

  • UK Defense Shares Jump After Starmer's £15B Plan; Analysts Flag Risks
    July 1, 2026, 8:29 AM EDT. Prime Minister Keir Starmer's outgoing government outlined an extra £15 billion ($19.9 billion) in defense spending for the U.K. over four years, taking annual defense spending to £79.1 billion by 2029, or 2.7% of GDP. The Defence Investment Plan, aimed at bolstering military strength and boosting areas like cybersecurity and AI, sent the FTSE 350 Aerospace & Defense index up almost 5% since Tuesday. BAE Systems, Babcock, and Chemring all moved higher. Analysts see questions ahead, warning limited fiscal space and possible project delays could limit longer-term upside. The sector's five-year run has beaten U.S. rivals, but high valuations and uncertain payoff restrain optimism.
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