Healthcare company sinking on Wall Street – Sweden


exchange Shares of the healthcare company fell sharply on Wednesday and served as a recession on the New York Stock Exchange, where investors also enjoyed positive news. The reporting season shows that corporate profits are in many cases higher than expected, and it also boosts China's and US economic statistics.

The health care sector fell 2.9 percent when Wall Street closed. Among the losers were pharmacists Pfizer and Merck & Co, which lost 4.1 and 4.7 percent, respectively.

However, soft drink maker Pepsico, which posted better-than-expected results on Wednesday, rose sharply: a 3.8% rise.

The Dow Jones industrial average closed unchanged as the Nasdaq composite index fell 0.1 percent and the S & P 500 lost 0.2 percent.


Source link