Wall Street ends choppy session higher, health lags on Trump comments - News Summed Up

Wall Street ends choppy session higher, health lags on Trump comments


NEW YORK (Jan 12): U.S. stocks ended higher after a choppy day on Wednesday as energy and technology gains countered a drop in healthcare stocks after President-elect Donald Trump said pharmaceutical companies were "getting away with murder" by charging high prices. The Nasdaq ended the day with another record closing high after falling as much as 0.5 percent after Trump's first formal news conference since the Nov. 8 election. Eight of the 11 major S&P sectors ended the day higher. Energy stocks, ended 1.2 percent higher as crude oil prices rose. The S&P's technology index ended up 0.7 percent, boosted most by Microsoft Corp , Facebook Inc and Apple Inc.


Source: The Edge Markets January 11, 2017 22:22 UTC



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