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Friday, June 23, 2017

Nasdaq posts back-to-back gains as health care jumps 1%

Epic Research Update : US Markets
US stocks closed mixed on Thursday, with the health care sector posting strong gains.

The Dow Jones industrial average closed about 10 points lower, with Goldman Sachs contributing the most losses and UnitedHealth the most gains.

The S&P 500 ended just below breakeven, with health care rising more than 1 percent to lead advancers. The Health Care Select Sector ETF (XLV) hit an intraday record earlier in the session. However, financials dropped 0.6 percent as the big banks got ready for the release of their latest stress test results.

The Dow Jones industrial average fell 12.74 points, or 0.06 percent, to close at 21,397.29, with Goldman Sachs leading decliners and Merck the best performer.

The S&P 500 slipped 1.11 points, or 0.05 percent, to end at 2,434.50, with consumer staples leading seven sectors lower and health care outperforming.

The Nasdaq rose 2.73 points, or 0.04 percent, to close at 6,236.69.

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