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S&P 500 closes at record high as Apple, healthcare stocks help shrug off Delta worries


Translate Bio surges on sale to Sanofi in $3.2-bln deal
Focus on services sector data, jobs report this week
Indexes up: Dow 0.8%, S&P 0.82%, Nasdaq 0.55%
NEW YORK, Aug 3 (Reuters) - The S&P 500 index closed at record high on Tuesday on gains in Apple and healthcare stocks, despite concerns over a surge in the Delta variant of the coronavirus taking some shine off an upbeat corporate earnings season.
Ten of the 11 S&P indexes traded higher, with energy stocks (.SPNY) rebounding after getting hit by a dip in oil prices .
“Even though the pandemic is still with us in certain places where there are pockets of this and that, the broad shutdowns of economies are not going to happen. And I think it demonstrates that consumption patterns are super strong, which is the underlying factor that really keeps markets up,” said Jamie Cox, managing partner at Harris Financial Group in Richmond, Virginia. ....

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