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US: Wall Street closes higher as investors shrug off jobs data, US shutdown
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The Business Times
Among the S&P 500’s 11 major industry sectors, the biggest gainer was S&P 500 healthcare, boosted by pharmaceutical companies.
The healthcare rally had started in earnest on Tuesday after Pfizer and US President Donald Trump said that they had cut a deal.
The S&P 500 tech sector provided another big boost for the benchmark index.
The S&P 500 rose during each of the last six shutdowns, according to a note from Deutsche Bank.
Corteva said it would separate its seed and pesticide businesses into separate publicly traded companies, sending its shares down sharply.