Scalper1 News
All 10 S&P 500 sectors beat their earnings forecasts in Q1, led by health care stocks, according to market researcher S&P Capital IQ. The health care sector posted a 21.4% gain, well above April forecasts for a 9.1% increase, S&P Capital IQ said in a June 12 report. Biotech stocks were among the best performers. Gilead Sciences (GILD) posted a 99% increase in Q1 earnings to $2.94 a share thanks to strong demand for its hepatitis C drug, Sovaldi. Scalper1 News
Scalper1 News