Robert Oswald, right, works with fellow traders work on the floor of the New York Stock Exchange Friday, Nov. 22, 2013. (AP Photo/Richard Drew)

Good news in the drug industry is pushing the stock market deeper into record territory.

Health care stocks led the market’s gains. Biotechnology company BioGen surged on reports that it won market exclusivity for its top-selling multiple sclerosis drug in Europe. Time Warner Cable jumped after the Wall Street Journal reported that Charter Communications was close to a bid for the company.

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