Tech, health care companies lead US stocks broadly higher

Tech, health care companies lead US stocks broadly higher

5 years ago
Anonymous $cyhBy-qkd5

https://apnews.com/a6c8139334914b8ea4eb4f63614c7181

U.S. stocks are up broadly in early trading Thursday, turning major indexes higher for the week as markets reopen following the Independence Day holiday. Technology stocks and health care and consumer-focused companies accounted for much of the market's gains. Oil prices fell.

KEEPING SCORE: The S&P 500 index rose 12 points, or 0.5 percent, to 2,725 as of 10:05 a.m. Eastern Time. The Dow Jones industrial average gained 127 points, or 0.5 percent, to 24,302. The Nasdaq added 35 points, or 0.5 percent, to 7,538. The Russell 2000 index of smaller-company stocks picked up 2 points, or 0.2 percent, to 1,663.