Eli Lilly Stock Rises as Investors Move From Tech to Healthcare

S&P 500 ends higher as traders shift from AI to healthcare

The S&P 500 ended higher on Thursday (Oct 15), springing back from early losses as investors concerned about artificial intelligence stocks shifted into Eli Lilly, UnitedHealth and other h... Read more at The Business Times.

Eli Lilly stock rises as investors move from tech to healthcare

Healthcare led S&P 500 sectors with a 1.84% gain, while the Philadelphia semiconductor index fell for a seventh straight session

US stocks: Dow, S&P 500 end higher as traders shift from AI to healthcare

After a rocky start, the S&P 500 experienced a resurgence, largely spurred by investments in the healthcare and consumer segments. Investors seemed to distance themselves from technology stocks, anxious about mounting debts in the AI sector. Eli Lilly and UnitedHealth rose thanks to favorable evaluations from Deutsche Bank, whereas Broadcom and Nvidia struggled.