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Healthcare shares lift U.S. market as S&P rises

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Story summary
  • Healthcare shares lifted the U.S. market, with the Dow up 502 points, S&P 500 at 7,723.06, Nasdaq at 26,489.60.
  • The healthcare sector (.SPXHC) jumped 1.8%, led by Eli Lilly up 4.7% and other drugmakers over 2%.
  • Brent crude slipped 1.1% after touching a five-month high earlier in the session.
  • General Motors fell about 7% after warning of higher commodity costs and weaker truck sales.