07-12-2016 19:09 via news.yahoo.com

Dow, S&P hit highs; Trump comment hammers drug stocks

The S&P 500 healthcare index swiftly lost 1.56 percent, while the Nasdaq Biotechnology index dropped 3.8 percent - set for its worst day in nearly two months. Trump's effect was seen on Tuesday as well, with Boeing's stock falling after his tweet that an order for a revamped Air Force One plane should be canceled as it was too expensive. Pfizer's shares fell 2.5 percent to $30.78 after Britain's competition watchdog fined the drugmaker $107 million for its role in ramping up the cost of an e
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