[BRIEFING.COM] The S&P 500 (-0.7%), Nasdaq Composite (-1.1%), and DJIA (-1.0%) have seen a modest imporvment from previous levels.
The Health Care Sector (+0.4%) now holds the widest gain of the four S&P 500 sectors that trade in positive territory. Merck (MRK 95.91, +3.05, +3.28%) is a standout after announcing it will increase its quarterly dividend to $0.85 per share from $0.81 per share.
In other corporate developments, Warner Bros. Discovery (WBD 22.78, +0.04, +0.15%) has set November 20 as the cutoff for first-round bids from prospective buyers.