Stock Market Update
30-Sep-25 15:00 ET
Health care sector moves higher as TrumpRx adds potential names
Dow -16.49
at 46299.37,
Nasdaq -2.25
at 22588.91,
S&P +8.18
at 6669.38
[BRIEFING.COM] The S&P 500 (+0.1%), Nasdaq Composite (flat), and DJIA (flat) continue to trade near their flatlines as sector strength remains an almost even split.
The health care sector (+2.4%) has steadily expanded upon its early gain following President Trump's announcement that Pfizer (PFE 25.32, +1.46, +6.14%) will lower the prices of its medications in the U.S.
The president also announced that Pfizer will sell some of its medications on a new direct-to-consumer website run by the federal government called TrumpRx.
A White House official has stated that Eli Lilly (LLY 763.61, +37.10, +5.11%) is in negotiations to join the site, sending the stock higher.
