Tech, Health Care Lead Gains for Stocks

Dow ends day up 55
By Newser Editors and Wire Services
Posted Jul 17, 2018 3:04 PM CDT

(Newser) – Stocks shook off a weak start and ended higher on Wall Street, led by gains in technology, health care and consumer products companies, the AP reports. Johnson & Johnson added 3.5% Tuesday after reporting a strong quarter thanks to solid growth in its prescription drug business. Technology companies are also rising, and financial services company Charles Schwab rose 3.6% after its own results beat forecasts. Netflix fell 5.2% after missing its own targets for subscriber growth. The S&P 500 index rose 11 points, or 0.4%, to 2,809. The Dow Jones Industrial Average rose 55 points, or 0.2%, to 25,119. The Nasdaq composite rose 49 points, or 0.6%, to 7,855. (Read more stock market stories.)

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