Stock Market Update
07-Jan-25 11:05 ET
Health care stocks outperform, leading DJIA higher
Dow +97.54
at 42804.10,
Nasdaq -212.56
at 19652.41,
S&P -17.50
at 5957.88
[BRIEFING.COM] The Dow Jones Industrial Average moved above its prior close in recent trading, bolstered by gains in its health care components.
Merck (MRK 102.29, +2.57, +2.6%), Amgen (AMGN 263.81, +5.22, +2.0%), and Johnson & Johnson (JNJ 146.62, +2.98, +2.1%) are the top gainers in the DJIA. UnitedHealth (UNH 515.21, +1.54, +0.3%), which is among the weightiest components in the price-weighted average, also trades up.
Strength in the health care space has also boosted the S&P 500 health care sector, which sports a 1.0% gain.
Health care stocks have drawn outsized buying interest since the start of the year. The S&P 500 health care sector sits on a 2.0% gain since the start of the year.
