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Closing Glance: Health Care equipment and supplies



By AP
08 July 2008 @ 04:51 pm EST

NEW YORK - Health care equipment and supply stocks closed mostly higher Tuesday, as the broader market rebounded on falling oil prices.

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Quotes
COV 42.15 -1.18
SYK 51.12 -0.72
BAX 56.1 -2.32
VAR 39.05 -5.42

SYMBOL LOOKUP

Investors were also relieved to hear that the Federal Reserve might extend its lending efforts to investment banks.

How shares of some major health care equipment and supply companies fared:

Covidien Ltd. added 48 cents to close at $48.

Stryker Corp. rose $1.26 to $63.34.

Baxter International Inc. jumped $1.58 to $65.46.

Bucking the trend, Varian Medical Systems Inc. lost 60 cents to $50.24.

Copyright 2008 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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