Health-care stocks are down in early Wednesday trade, led by Anthem, Cigna and UnitedHealth

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 6 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 6%
  • Publisher: 97%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

Stocks turn negative as weakness in health-care shares drags markets down

Health-care stocks continued to fall on Wednesday morning, led by Anthem Inc. ANTM, -4.86% Cigna Corp. CI, -3.07% and UnitedHealth Group Inc. UNH, -3.04% The Health Care Select Sector SPDR Fund XLV, -1.79% was down 1.5% in early intraday trade. Companies in the managed care and health services sectors are facing "temporary downside risk," thanks to the Medicare-for-all debate, analysts at J.P. Morgan wrote in a note to clients Tuesday.

Have breaking news sent to your inbox. Subscribe to MarketWatch's free Bulletin emails. Sign up here.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 3. in MY
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

o no Marketwatch!!!!~ You have been telling me this bull market would go forever!!! the market can not go down!!! Call federalreserve trading desk and tell them to do the usual daily pump up!!!!

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines