Dow Tumbles Over 300 Points as Healthcare Stocks Shine
U.S. stocks opened lower on Tuesday, with the Dow Jones index falling over 300 points.
The Dow traded down 0.58% to 52,876.43, while the NASDAQ dipped 1.40% to 26,001.27 and the S&P 500 fell 0.68% to 7,633.51.
In the healthcare sector, shares jumped by 1.7%, but consumer discretionary stocks dropped by 1.7%.
The standout performer in this market was Medtronic PLC (NYSE:MDT), whose shares gained around 5% after reporting better-than-expected first-quarter financial results and raising its FY27 adjusted EPS guidance.