The market is off earlier highs but continues to maintain some positive momentum as traders believe an averted CIT Group ( CIT) bankruptcy is a big positive for the markets. Let's take a look at where some of the action is.
WellPoint agrees to acquire Amerigroup for $92 a share.
U.S. stock futures point lower; Alcoa kicks off earnings season; Celgene not interested in Human Genome Sciences.
Human Genome was a winner within the health care sector, rising 9 cents (0.7%) to $13.62 on light volume.