Campaign Trail Talk Weighs On Healthcare Stocks

Credit: Wochit
Published on April 17, 2019 - Duration: 00:43s

Campaign Trail Talk Weighs On Healthcare Stocks

According to Reuters, the S&P's healthcare index retreated from its 2019 gains.

On April 17th, the healthcare index on the S&P 500 lost about 3.3-percent.

Combined with its losses from a day before, the sector also shed its year-to-date gains.

Losses on the day were contributed by United Health Group, Merck & Co., and Pfizer, which dropped between 3-and-4 percent each.

A day before, Anthem, Cigna, and United Health Group shares fell between 6-and-7 percent each.

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