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Wall Street struggles to gain further as healthcare, bank stocks weigh

Reuters 

By Sruthi Shankar(Reuters) - The S&P 500 and the Dow struggled to edge higher on Monday, stalling the strong rally that marked the start of 2018, pressured by losses in healthcare and bank stocks.The S&P and the Nasdaq last week recorded its strongest first four trading days in a year since 2006, and the Dow industrials posted its best since 2003."The market was probably a little bit overbought, it was a big week for stocks in terms of strength and breadth, it's more of a pause," said John Brady, senior vice president at futures brokerage R.J. O'Brien & Associates in Chicago.At 12:40 p.m. ET ...

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First Published: Tue, January 09 2018. 00:00 IST
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