Wednesday, 2 December 2015

Wall Street gains with healthcare, upbeat auto sales

US stocks started December stronger on Tuesday as health and consumer shares bounced back while auto sales suggested upbeat growth in November. The S&P health care index jumped 1.7 percent, while the consumer discretionary index was up 1 percent, both retracing Monday's losses. 

UnitedHealth Group Inc's shares rose 3.1 percent to USD 116.26 after its chief executive defended the company's possible withdrawal from the Obamacare health insurance exchanges. Shares of Anthem were up 4.2 percent at USD 135.82.

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