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FINANCIAL

Wall Street dips as drug stocks drag; Fed meeting in focus

March 13, 2017

Safi Bello

Reuters ------ The S&P 500 and the Dow trended lower in afternoon trading on Monday as drug stocks fell, while investors awaited a widely expected interest rate hike later this week. The 11 major S&P 500 sectors were all trading within small ranges, with the healthcare sector .SPXHC slipping 0.34 percent and on track to snap a three-day winning streak. The index, which has been the second-best performer year-to-date, was dragged down by Merck (MRK.N) and Bristol-Myers (BMY.N). To learn more click on the picture below to read the article.