Health care and tech stocks lead early gains on Wall Street

Health care and tech stocks lead early gains on Wall Street

4 years ago
Anonymous $yQ5BfQaAxy

https://apnews.com/2dd8aff297ba51d5b2208f8aa134b80d

NEW YORK (AP) — Stocks are opening slightly higher on Wall Street, led by gains in health care and technology companies. UnitedHealth, the country's largest health insurer, climbed 2.2% in early trading Wednesday after reporting solid quarterly results. Microsoft was also higher. Banks were broadly lower after Bank of America and Goldman Sachs reported weaker profits. The benchmark S&P 500 index rose 5 points, or 0.2%, to 3,289. The Dow Jones Industrial Average added 57 points, or 0.2%, to 28,996. The Nasdaq rose 24 points, or 0.3%, to 9,275. Bond prices rose. The yield on the 10-year Treasury note fell to 1.79%.

THIS IS A BREAKING NEWS UPDATE. AP’s earlier story follows below.