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Tech, health care stocks lead Wall Street indexes higher

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KMIZ

By DAMIAN J. TROISE and ALEX VEIGA
AP Business Writers

Stocks are closing higher on Wall Street Tuesday, giving the S&P 500 its fifth straight gain and getting it closer to the record high it set in early September. The benchmark index added 0.7%. Health care companies made some of the biggest gains. Johnson & Johnson climbed 2.3% after raising its 2021 profit forecast again. Insurance company Travelers rose 1.6% after releasing results that easily beat analysts’ forecasts. The first exchange-traded fund to track Bitcoin futures rose 4.7% on its first day of trading. The yield on the 10-year Treasury note rose to 1.64%.

Article Topic Follows: AP National Business

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