Breaking

Post Top Ad

Your Ad Spot

Saturday, May 12, 2018

Healthcare Rallies After Trump's Speech


On Friday, the S&P 500 rose. It was helped by healthcare stocks after President Donald Trump blasted high drug prices but avoided taking aggressive measures to cut them. After Trump in a speech said foreign governments “extort” unreasonably low prices from U.S. drugmakers, Johnson & Johnson and Pfizer each rose over 1 percent. Merck & Co jumped 2.8 percent. His healthcare deputies released a series of proposals to address high drug costs. The S&P healthcare index ended 1.47 percent higher, while the Nasdaq Biotechnology index rallied 2.68 percent. https://ift.tt/2wHTdVx http://www.wochit.com This video was produced by YT Wochit News using http://wochit.com

No comments:

Post a Comment

Post Top Ad

Your Ad Spot

Pages