Health-care companies rose amid deal activity and demand for sectors less sensitive to inflation rates.

CVC Capital Partners and Groupe Bruxelles Lambert joined forces for an offer to take Recordati private with a bid that values the Italian drugmaker at $12.47 billion.

Novo Nordisk rose after the European Medicines Agency recommended the approval of the Danish company's Wegovy weight-loss pill.

Write to Rob Curran at rob.curran@dowjones.com

(END) Dow Jones Newswires