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Healthcare Sector Recovery, Led ETF by 0.92%

US Consumer Confidence Cheered, UK Stock Market Struggles

(Continued from Prior Part)

Sector performances

The healthcare sector rebounded on Tuesday, September 29, after being rattled the week prior. Biotechnology stocks are favored and have given unprecedented gains in the past. However, the sector went through a slump due to Democratic presidential candidate Hillary Clinton’s statement on specialty drug pricing. Major biotechnology stocks that gained on September 29 were Edwards Lifesciences (EW), Medtronic (MDT), Bristol-Myers Squibb (BMY), and Varian Medical Systems (VAR). The stocks gained 2.91%, 2.87%, 2.59%, and 2.53%, respectively, on September 29, 2015.

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