Wall Street rises with healthcare; oil rallies

Epic Research Update : US Markets

US stocks jumped on Wednesday, bolstered by gains in healthcare shares after the collapse of the USD 160 billion merger of Pfizer and Allergan, and by a rise in energy shares.


The Dow Jones industrial average was up 112.73 points, or 0.64 percent, to 17,716.05, the S&P 500 had gained 21.49 points, or 1.05 percent, to 2,066.66 and the Nasdaq Composite had added 76.78 points, or 1.59 percent, to 4,920.72.


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