Stock Market Update
03-Oct-25 11:05 ET
Health care sector outperforms
Dow +372.25
at 46891.76,
Nasdaq +37.32
at 22881.38,
S&P +26.82
at 6742.16
[BRIEFING.COM] The major averages continue to hold their healthy early gains amid strong buying activity this morning.
Nine S&P 500 sectors remain in positive territory, with gains broadening in the top performing sectors.
The health care sector (+1.8%) adds to what has been an impressive week so far, currently sitting with a 7.5% week-to-date gain.
Manages care are showing strength again after Humana (HUM 272.24, +15.62, +6.09%) provided Medicare updates yesterday and affirmed its FY25 EPS guidance, with the stock rallying past its 200-day moving average (260.19) to its 50-day moving average (273.09).
The Cigna Group (CI 312.66, +15.68, +5.28%), Centene (CNC 38.51, +1.69, +4.59%), and Elevance Health (ELV 353.74, +13.50, +3.97%) also move higher today in response.
