The Financial Post reports in its Thursday edition that with investor confidence in artificial-intelligence stocks under pressure, traders are turning to health care for refuge. A Bloomberg dispatch to the Post says that since the end of April, the S&P 500 health-care index has risen 23 per cent -- outperforming the broader market and every other sector. That includes high-flying tech names and surging energy stocks that have benefited from the U.S.-Israeli war against Iran. Wall Street has been warming up to the sector, particularly as sentiment around AI -- and tech in general -- fuels increasing desire for protection from risky assets. The nervous money that was scared of AI is moving back into health care. Health care is seen as a natural destination for traders rotating out of tech. Earlier this month, RBC upgraded health care to overweight and downgraded tech to market weight. "I don't think the leader is going to be semis, so there are going to be areas where they see the benefit flowing out of semis, which is the biggest sector in the S&P right now," said Ohsung Kwon, chief equity strategist at Wells Fargo. "I still think a lot of that money is going to flow into other tech areas and health care."