Stock Market Update
16-Sep-25 12:25 ET
Health care sector steadily improves
Dow -101.88
at 45781.36,
Nasdaq -15.15
at 22333.60,
S&P -8.56
at 6606.72
[BRIEFING.COM] The major averages are off their session lows as gains widen in the four advancing S&P 500 sectors.
The health care sector (+0.4%) has steadily improved from an early loss, benefitting from a handful of corporate developments.
Moderna (MRNA 25.25, +1.37, +5.74%) is the sector's top mover, trading higher after announcing positive preliminary immunogenicity data for its updated COVID-19 vaccine against the LP.8.1 variant.
Eli Lilly (LLY 764.57, +16.38, +2.19%) also advances after announcing plans to build a $5 billion manufacturing facility in Goochland County, Virginia, near the city of Richmond.
In Washington, The House is set to put forth a stopgag bill that would fund the government through November 21, with a vote expected Friday according to CNBC.
