Regulatory Concerns Weigh Down Healthcare Stocks

Credit: Wochit
Published on April 16, 2019 - Duration: 00:43s

Regulatory Concerns Weigh Down Healthcare Stocks

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.

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