Stock Market Update
02-Jul-26 12:35 ET
Health care sector outperforms
Dow +332.56
at 52637.80,
Nasdaq -302.18
at 25758.85,
S&P -27.67
at 7455.56
[BRIEFING.COM] The S&P 500 (-0.3%) and Nasdaq Composite (-1.0%) continue to chart session lows as tech stocks lag, while strength in the broader market keeps the DJIA (+0.7%) firmly higher.
Health care sector (+2.2%) components such as Boston Scientific (BSX 45.60, +2.54, +5.91%), Moderna (MRNA 77.18, +4.68, +6.46%), and Universal Health (UHS 159.14, +8.56, +5.68%) hold a clean sweep of the top spots on the S&P 500 leaderboard as investors continue to rotate into one of this year’s weakest performing S&P 500 sectors.
While the sector as a whole has underperformed this year (+5.3% year-to-date), the iShares Biotechnology ETF (+14.7% year-to-date) has outperformed and is up another 1.8% today.
