Healthcare shares rise, buoy market

By IBTimes Staff Reporter | March 22 2010 10:24 AM

Stocks pared losses to trade flat on Monday as declines in resource shares were tempered by gains in the healthcare sector after Congress passed a healthcare reform bill following months of debate.

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The Dow Jones industrial average <.DJI> edged up gained 6.96 points, or 0.06 percent, to 10,748.94. The Standard & Poor's 500 Index <.SPX> dropped 0.29 points, or 0.02 percent, to 1,159.61. The Nasdaq Composite Index <.IXIC> gained 2.81 points, or 0.12 percent, to 2,377.22.

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