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Dow Jones rises on healthcare strength
The Dow Jones Index led Wall Street gains due to an increase in value stocks, such as healthcare companies, which reached record levels. Moderna's shares also hit their highest levels since 2022. Conversely, technology and energy stocks declined amid ongoing concerns about the costs associated with developing AI technology and rising oil prices. Overall, the S&P 500 closed higher, while the Nasdaq fell, with investor focus shifting to the upcoming earnings reports expected tomorrow.
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