AI Summary
As concerns grow over the artificial intelligence sector, investors are increasingly turning to healthcare stocks for stability. The S&P 500 Healthcare Index has seen a significant rise of approximately 23% since late April, outperforming other sectors, including technology and energy.
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- Investor confidence in the artificial intelligence sector is declining, prompting a shift towards healthcare stocks.
- The S&P 500 Healthcare Index has increased about 23% since the end of April, outperforming the broader market and other sectors.
- Major contributors to the healthcare rally include Eli Lilly & Co., AbbVie Inc., and Johnson & Johnson.
healthcareinvestorsartificial intelligencestocksdefensive