Shares of health-care companies rose, but not by as much as the broad market, as traders rotated into the most economically sensitive niches of the market.
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Siemens, the German engineering conglomerate, may spin off a big chunk of its health-care business, estimated to be worth up to $47 billion, as a separate stock-market listing.
Shares of medical device maker Boston Scientific slid after investor-relations executives from the company cancelled an appearance at a Piper Jaffray conference.
-Rob Curran, firstname.lastname@example.org
(END) Dow Jones Newswires
November 28, 2017 16:36 ET (21:36 GMT)