Wall Street climbs as healthcare stocks hit record, oil prices ease

Healthcare stocks were among the biggest gainers Wall Street's main indexes traded higher on Tuesday, with healthcare stocks reaching a record high and easing oil prices supporting sentiment as investors assessed corporate earnings and lingering concerns over artificial intelligence spending.The Dow Jones Industrial Average rose 0.97% to 52,468.06, while the S&P 500 gained 0.42% to 7,723.06. The Nasdaq Composite edged up 0.22% to 26,489.60 as of 12.06 pm ET.Healthcare stocks were among the biggest gainers, with Eli Lilly rising 4.7 per cent to a record high. Amgen, Pfizer, Johnson & Johnson and AbbVie each advanced more than 2 per cent. Financial stocks also climbed 1.2 per cent, helping lift the broader market.Oil prices moved lower after an unsettled session in which Brent crude touched a five-month high. Brent futures fell 1.1 per cent as traders assessed reports of attacks on Saudi infrastructure by Yemen's Houthis and vessel attacks in the Gulf. Lower crude prices offered some relief amid concerns over inflation and energy supply disruptions.The gains followed a rebound on Monday, when investors returned to technology stocks after last week's sharp selloff. Concerns ov...