NEW YORK - U.S. stocks rose on Wednesday, led by gains in healthcare shares, and Boeing edged upward even as the United States joined other nations in grounding the company’s 737 MAX jets.
The grounding gives Boeing time to address any problems and not face another potential disaster, said Tim Ghriskey, chief investment strategist at Inverness Counsel in New York. Also helping stocks Wednesday, fresh economic data strengthened the Federal Reserve’s patient stance on future interest rate hikes.
The Dow Jones Industrial Average rose 148.23 points, or 0.58 percent, to 25,702.89, the S&P 500 gained 19.4 points, or 0.69 percent, to 2,810.92 and the Nasdaq Composite added 52.37 points, or 0.69 percent, to 7,643.41. Fueling some volatility in afternoon trading, U.S. President Donald Trump said he was in no rush to complete a trade deal with China and insisted that any deal include how it treats U.S. intellectual property.Advancing issues outnumbered decliners on the NYSE by a 2.43-to-1 ratio; on Nasdaq, a 1.62-to-1 ratio favored advancers.
CORRUPT RACKET
The issue isn’t MedicareForAll or whatever other kind of socialized healthcare. The issue is that there’s a ginormous “for profit” broker industry bleeding the freaking life out of America's medical system and Americans are paying the bill with their lives.
and FDA Chief under Obama's watch allowed Chinese Pharma to mfg. pop. American Generic blood pres. med now found contaminated & approved new generic mfg. by Indian Pharma not American pharma
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