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Wall Street gains ground on healthcare stocks rally, oil retreat
Wall Street’s main indexes moved higher on Tuesday as a surge in healthcare stocks and softer oil prices boosted risk appetite, building on a recovery from last week’s technology-led selloff. Brent crude prices slipped 1.1% after touching a five-month high in a choppy session as traders weighed Houthi attacks on Saudi infrastructure and reports of vessel attacks in the Gulf. Most S&P 500 sectors gained, with healthcare hitting an all-time high. The gains were led by large-cap drugmakers, including Eli Lilly’s 4.7% jump to a record high. Amgen, Pfizer, Johnson & Johnson and AbbVie were ...
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