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Wall Street climbs as healthcare stocks hit record, oil prices ease

Wall Street's primary indices saw an uptick, primarily driven by healthcare stocks reaching all-time highs amid falling oil prices. Investors are scrutini

TOI BusinessOctober 20, 20261 min read
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Wall Street climbs as healthcare stocks hit record, oil prices ease

Wall Street's primary indices saw an uptick, primarily driven by healthcare stocks reaching all-time highs amid falling oil prices. Investors are scrutinizing corporate earnings, with increasing worries about artificial intelligence expenditure impacting market stability. Significant advances from companies like Eli Lilly and Equifax boosted overall market performance. Nevertheless, General Motors and Steel Dynamics struggled with elevated costs and missed profit expectations.

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