Health-care companies were more or less flat as traders rotated into the defensive sector ahead of jobs data.
Healthcare traded flat as investors rotated to defensive sectors ahead of jobs data; Kenvue posted Q2 earnings and revenue growth. Broader market shift to risk-off positioning signals economic caution likely to impact enterprise tech spending decisions.
Health-care companies were more or less flat as traders rotated into the defensive sector ahead of jobs data.
Over-the-counter drugs maker Kenvue, which was spun off by Johnson & Johnson, posted growth in second-quarter earnings and revenue.
Write to Rob Curran at rob.curran@dowjones.com
(END) Dow Jones Newswires
August 06, 2026 17:50 ET (21:50 GMT)
Health-care companies fell as traders rotated out of defensive sectors and back into the tech sector.
Health-care companies ticked down as traders rotated out of defensive sectors into technology companies.
Health-care companies were more or less flat as traders rotated into laggards from the volatile technology sector.
Health-care companies rose as traders rotated into defensive sectors due to volatility in oil and Treasury markets.
Health-care companies fell as traders continued to rotate out of traditionally defensive sectors into the technology sector.
Health-care companies were more or less flat as traders rotated back into risky corners of the market.
