INTEREST RATES CAPTURE INVESTOR ATTENTIONBioscience shares made little movement Tuesday as the marketresponded to prospects of lower interest rates by driving upthe Dow Jones industrials.
The AMEX Biotechnology Index was up 0.69 to 146.86. AmgenInc. (NASDAQ:AMGN) was the sector's volume leader, gaining$1.88 to $56.38 on 857,000 shares traded. Among other top-tier biotech companies, Biogen Inc. (NASDAQ:BGEN) closed at$23.25 and Chiron Corp. (NASDAQ:CHIR) at $47.50, both up 88cents.
Vertex Pharmaceuticals Inc. (NASDAQ:VRTX) was second-mostactive, losing 50 cents to $10 on nearly 406,000 shares traded.
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