Wednesday, 02 Jun 2021 07:39 AM MYT
The S&P 500 financial sector hit a record high, while expected growth in fuel demand boosted oil prices and helped lift the energy sector 3.9 per cent, its biggest one-day gain in nearly four months. ― Reuters pic
Follow us on Instagram and subscribe to our Telegram channel for the latest updates.
NEW YORK, June 2 The S&P 500 dipped yesterday, with declines in healthcare and tech shares countered by energy and financial gains, as investors weighed the latest US economic data for signs of a rebound and rising inflation.
The S&P 500 financial sector hit a record high, while expected growth in fuel demand boosted oil prices and helped lift the energy sector 3.9 per cent, its biggest one-day gain in nearly four months. The heavyweight tech sector fell while the healthcare sector was dragged down by a weak profit forecast from Abbott Labouratories.
The S&P 500 (.SPX) dipped on Tuesday, with declines in healthcare and tech shares countered by energy and financial gains, as investors weighed the latest U.S. economic data for signs of a rebound and rising inflation.
S&P 500 dips, as healthcare weighs; Dow ends higher - Netscape Money & Business netscape.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from netscape.com Daily Mail and Mail on Sunday newspapers.