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DOW Jones Lags Behind Broader Market Rally as Healthcare Stocks Tumble
DOW Jones Lags Behind Broader Market Rally as Healthcare Stocks Tumble
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The DOW Jones Industrial Average fell 178 points despite a broader market rally, dragged down by healthcare stocks following a TRUMP administration order. While the S&P 500 and Nasdaq posted gains of 0.85% and 1.7% respectively, the DOW slipped 0.38% to 42,250.67 points.
Tech stocks benefited from improving U.S.-China trade relations, with Nvidia jumping 5.79% and Amazon rising 1.64%. However, healthcare sector losses overshadowed these gains as profit expectations were revised downward.
The divergence highlights how sector-specific risks can outweigh broader market optimism. As trade tensions ease, investors appear to be rotating into tech while fleeing healthcare amid regulatory uncertainty.
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