Dow, S&P hit highs but Trump comments slam drug stocks
By Yashaswini Swamynathan (Reuters) - The S&P 500 and the Dow hit record intraday highs on Wednesday, helped by gains in bank stocks, but President-elect Donald Trump's comments on drug prices slammed the healthcare sector, pulling down the Nasdaq. Trump, in an interview with the Time magazine, said he would bring down drug prices. The S&P 500 healthcare index swiftly lost nearly 2 percent, while the Nasdaq Biotechnology index dropped 3.8 percent - set for its worst day in nearly two mon
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