11-01-2017 18:42 via news.yahoo.com

Wall Street recovers after Trump's comments hit drug stocks

U.S. stocks slipped to session lows, before recovering ground, on Wednesday as drug stocks took a beating after Donald Trump's comments on drug pricing in his first formal news conference after his election victory. The President-elect lashed out at pharmaceutical companies, saying they were "getting away with murder" by charging high drug prices. The S&P 500 healthcare index, which reversed course following Trump's comments, was down about 1 percent and on track for its worst day since Nov.
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