Thursday 26 October 2017

Dow, S&P Gain But Nasdaq Dips As Healthcare Lags

The Dow and S&P 500 advanced on Thursday after a round of positive corporate earnings announcements, but gains were curbed and the Nasdaq lost ground on a drop in the healthcare sector.

DowDuPont was up 2.8 percent as the biggest boost to the S&P 500. It forecast third-quarter profit well above Wall Street’s expectations ahead of the combined company’s first earnings report next week.

The Dow Jones Industrial Average rose 71.61 points, or 0.31 percent, to 23,401.07, the S&P 500 gained 3.26 points, or 0.13 percent, to 2,560.41 and the Nasdaq Composite dropped 7.12 points, or 0.11 percent, to 6,556.77.
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