- Healthcare shares lead the gains in early trade on Tuesday.
- Financials underperform pressured by falling Treasury bond yields.
Wall Street’s main indexes started the second day of the week on a mixed note as investors continue to assess the third-quarter earnings figures. As of writing, the Dow Jones Industrial Average was down 0.05% on the day while the S&P 500 and the Nasdaq Composite were up 0.2% and 0.35%, respectively, on a daily basis.
Among the 11-major S&P 500 sectors, boosted by better-than-expected earnings figures from drugmaker Novartis, the Healthcare Index was adding 1.15% on the day to lead the winners ahead of the Consumer Staple Index, which was up 0.65% at the time of press.
On the other hand, pressures by a 2% drop in the 10-year US Treasury bond yield, the rate-sensitive Financials Index is erasing 0.4% in the early trade.