Stocks Slip, Led by Health Care

It was a day of listless trading on Wall Street
By Newser Editors and Wire Services
Posted Jun 24, 2019 3:08 PM CDT
Traders Gregory Rowe, left, and Dudley Devine, right, talk into their mobile phones on the floor of the New York Stock Exchange as they wait for the Slack Technologies IPO to begin trading, Thursday,...   (AP Photo/Richard Drew)

(Newser) – Health care companies helped pull the broader market slightly lower in a day of listless trading as investors focused on upcoming trade talks between the US and China, the AP reports. Bristol-Myers Squibb fell 7.4% Monday. Caesar's rose 14.5% after Eldorado Resorts said it would buy the casino operator for $17.3 billion. Major indexes drifted between small gains and losses for much of the day, though smaller company stocks fell sharply relative to the rest of the market. The S&P 500 index fell 5 points, or 0.2%, to 2,945. The Dow Jones Industrial Average rose 8 points, less than 0.1%, to 26,727. The Nasdaq lost 26 points, or 0.3%, to 8,005. (Read more stock market stories.)

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