Nasdaq drops with pharma stocks as Trump blasts drug prices

Nasdaq lost ground in choppy trading on Wednesday as investors fled drug stocks after President-elect Donald Trump said pharmaceutical companies were "getting away with murder" by charging high drug prices. Trump said he has also discussed making it easier to import cheaper drugs in his first formal news conference since the Nov. 8 election. The S&P 500 healthcare index reversed course following Trump's remarks and fell as much as 1.9 percent.