From The Economic Times · · 1m
US Stocks End Higher as Healthcare Lifts Dow
Healthcare stocks boosted US markets as Dow gains 1.05% on Tuesday.
In brief
Healthcare stocks boosted US markets as Dow gains 1.05% on Tuesday. US stocks rose as healthcare stocks lifted the Dow, with tech stocks flat after rebound. Originally reported by The Economic Times.
Wall Street Closes Higher
Wall Street closed higher on Tuesday with the Dow gaining 1.05% to 52,513.98.
S&P 500 and Nasdaq Moves
S&P 500 rose 0.31% to 7,714.52 while Nasdaq slipped 0.03% to 26,421.84.
Healthcare Leads Sector Gains
Healthcare emerged as the strongest performing sector with the S&P 500 hitting a record high.
Key Healthcare Gainers
Eli Lilly, UnitedHealth, Merck & Co, Johnson & Johnson and Amgen all gained.
Tech Stocks Pause After Rebound
Technology stocks traded flat after recovering from last week's selloff.
Investor Sentiment Shift
Equity investors rotated towards healthcare and value sectors as tech concerns linger.
Market Reaction Details
3M advanced after expanding data center partnership with Amazon while Equifax rallied on strong quarterly results.
What matters most
US stocks rose as healthcare stocks lifted the Dow, with tech stocks flat after rebound.
