Published: June 5, 2026 โข 5:15 PM IST ยท Updated: June 6, 2026 โข 6:12 AM ISTBy TheBriefWire Editorial Team
Key points
The flashiest group in the market took a step back Thursday as chip stocks dropped 1.5%, but U.S. stock market bulls didn't miss a beat.
The Dow Jones Industrial Average closed at a fresh record following a 2% pop and the S&P 500 bounced 0.4% as 9 of 11 sectors advanced.
Health-care stocks led gains and options traders followed suit, piling into the group as a handful of insurers and drugmakers pushed toward new highs.
Traders bought about 5,300 calls in the State Street Health Care Select Sector SPDR ETF (XLV) on Thursday, compared to just over 1,000 puts, according to data from ThinkOrSwim.
At the same time, just over 2,000 calls were sold, and of the $13 million traded in the fund, $11 million was tied to calls.