Stock Market Update
06-May-26 12:30 ET
Health care sector flattish amid earnings divergence
Dow +514.24
at 49812.49,
Nasdaq +396.18
at 25722.30,
S&P +82.03
at 7341.25
[BRIEFING.COM] The major averages are little changed from previous levels as they hold near session highs.
The health care sector (-0.1%) is flattish amid a weaker day for defensive stocks as growth names outperform. Additionally, the sector is bifurcated by post-earnings performances, with DaVita (DVA 188.41, +31.37, +19.98%) and CVS Health (CVS 86.13, +5.44, +6.74%) moving sharply higher after topping expectations, while Cencora (COR 252.24, -53.66, -17.54%) and Bio-Techne (TECH 47.40, -9.28, -16.38%) sell off after missing estimates.
