According to Reuters, the top three markets on Wall Street were held in check by healthcare stocks. By the afternoon on April 16th, the Dow Jones Industrial Average was up 73-points, bringing the market to 26,458. The Nasdaq Composite gained about 30-points, while the S&P 500 tacked on 2-points. Although United Health Group posted better than expected quarterly results with a higher earnings forecast for 2019, the stock declined by 6-percent due to regulatory concerns. Its rivals Anthem and Cigna were also in decline, falling over 7-percent each. http://feeds.reuters.com/~r/reuters/t... http://www.wochit.com This video was produced by YT Wochit Business using http://wochit.com
Regulatory Concerns Weigh Down Healthcare Stocks - YouTube |
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