
Wall Street closes higher, boosted by healthcare as investors shrug off jobs data, US shutdown
Published on: Oct. 2, 2025, 8:36 a.m. | Source: The Economic Times
Wall Street indexes closed higher Wednesday, primarily boosted by the healthcare sector following Pfizer's drug price agreement with President Trump. Investors largely overlooked weaker private payrolls data and the ongoing U.S. government shutdown, demonstrating historical market resilience. Technology stocks also contributed to gains, while the materials sector declined.