Walgreens Boots Alliance in a handful of
Dow Jones Industrial Average (DJINDICES:^DJI) stocks in the red on July 29.
Johnson & Johnson joined its fellow healthcare giants, finishing the day roughly flat.
While none of the other Dow Jones stocks gained even 1.5% on the day, the overwhelming number of the index s components being up was enough to drive over 150 points of gains,
almost enough for the index to set another record high. The Dow closed at 35,084.53, just below the all-time high set earlier this week.
Today s modest, yet broad, gains are a product of positive sentiment following the release of data by the U.S. federal government that showed the economy is now bigger than it was before the coronavirus pandemic. Despite concerns that the rate of economic growth is slowing, investors are clearly optimistic on U.S. stocks after this news.
Healthcare Stock Sell-Off Keeps the Dow Jones From Reaching Record Levels
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Dow Jones Breaks 35,100 With Apple, Visa, Microsoft Earnings Coming
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Dow Jones Breaks 35,100 With Apple, Visa, Microsoft Earnings Coming
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