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Wall Street rises to fresh opening high as healthcare, banking stocks gain

A 1.7 per cent rise in Johnson & Johnson and a 5 per cent jump in Boston Scientific helped the S&P health sector gain 0.7 per cent

Reuters 

Wall Street rose to fresh high at open on Tuesday, with gains for healthcare and bank stocks extending the new year rally that is powered by expectations of strong quarterly earnings. A 1.7 percent rise in Johnson & Johnson and a 5 percent jump in Boston Scientific helped the S&P health sector gain 0.7 percent. A handful of retailers including Target, Kohl's Corp and Lululemon Athletica have already reported solid rise in same-store sales for the holiday period and raised their profit forecasts for the fourth quarter. At 9:41 a.m. ET (1441 GMT), the Dow Jones Industrial ...

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First Published: Tue, January 09 2018. 22:46 IST
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