U.S. stocks snap 3-day drop as health-care shares rally

Bareksa • 08 Jan 2014

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Employees of a foreign exchange trading company work behind monitors (REUTERS/Toru Hanai)

The Standard & Poor’s 500 Index (SPX) advanced 0,6 percent to 1.837,88 at 4 p.m. in New York

Bloomberg - U.S. stocks rose, snapping a three-day retreat, as hospital and health-insurance stocks rallied ahead of Friday’s employment report and the start of fourth-quarter earnings season this week.

UnitedHealth Group Inc. (UNH) and Johnson & Johnson rose more than 2.1 percent, leading gains in the Dow Jones Industrial Average, after brokerages raised their stock ratings. Pharmacyclics Inc. jumped 20 percent after its leukemia medicine met a trial’s goals.

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