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Closing Glance: Pharmaceuticals close lower

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May 6, 2008

NEW YORK—Shares of large pharmaceutical companies closed lower Tuesday amid a broader market recovery that came despite disappointing earnings reports and record-high oil prices.

Here's how some key drug makers performed Tuesday:

Wyeth, up 24 cents to $45.80.

Merck & Co., down 14 cents to $38.84

Bristol-Myers Squibb Co., down 7 cents to $23.18.

Schering-Plough down 6 cents to $18.69.

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