Wall Street drops with tech stocks; Netflix weighs

Also weighing on sentiment was the International Monetary Fund's move to cut its global growth forecasts for the next two years due to uncertainty over Britain's looming exit from the European Union. J&J rose 2.1 percent to a record high of $125.75, while UnitedHealth was up 0.5 percent. The two stocks helped make the healthcare sector the only gainer, with a 0.1 percent rise, among the 10 major S&P sectors.