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US STOCKS-Dow breaches 27,000; healthcare in spotlight after Trump's decision on reba
US STOCKS-Dow breaches 27,000; healthcare in spotlight after Trump's decision on rebate
U.S. stocks rose on Thursday on improved bets of an interest rate cut following Fed chief Jerome Powell's dovish remarks, while healthcare stocks were mixed after the Trump administration withdrew a rule that would kill rebates. Shares of pharmacy benefit managers gained as the news meant these companies would continue to benefit from after-market discounts from drugmakers. Health insurers and drug distributors also rose.
https://finance.yahoo.com/news/us-stocks-dow-breaches-27-172205640.html?.tsrc=rss
US STOCKS-Dow breaches 27,000; healthcare in spotlight after Trump's decision on rebate
U.S. stocks rose on Thursday on improved bets of an interest rate cut following Fed chief Jerome Powell's dovish remarks, while healthcare stocks were mixed after the Trump administration withdrew a rule that would kill rebates. Shares of pharmacy benefit managers gained as the news meant these companies would continue to benefit from after-market discounts from drugmakers. Health insurers and drug distributors also rose.
https://finance.yahoo.com/news/us-stocks-dow-breaches-27-172205640.html?.tsrc=rss
