Business
Dow Surges While Broadcom Drags Tech Stocks Lower
Healthcare and financial stocks helped push the Dow Jones Industrial Average higher Thursday while tech stocks lagged behind.
Shares in UnitedHealth, a Dow component, rose after Bank of America upgraded the stock, part of a broader rally in health-care stocks. Financial names in the blue-chip index including Goldman Sachs, JPMorgan and American Express also saw gains, as did payments giant Visa. The Dow is up about 800 points, or 1.6%, in afternoon trading.
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