Wall Street drops with pharma stocks as Trump blasts drug prices

U.S. stocks lost ground in choppy trading on Wednesday, led by drug stocks after Donald Trump said pharmaceutical companies were "getting away with murder" by charging high drug prices. The S&P 500 healthcare index reversed course following Trump's remarks and was down about 1.8 percent, on track for its worst day since Oct. 28. The Nasdaq biotechnology index sank 3.8 percent and was on track for its worst day since June 24, a day after the Brexit vote.