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Stock Market Roundup Jan. 11: Health Sector Lower on Trump "Murder" Comment

Madeleine Johnson

After President-elect Donald Trump said pharmaceutical companies were “getting away with murder,” in how much they charge the government for medicines, health sector stocks began to slide. The iShares Nasdaq Biotech ETF IBB closed the day down 2.99%, while Pfizer PFE, Johnson & Johnson JNJ, and Gilead Sciences GILD all declined around 1.5-2% after Trump’s comments.

Zacks Rank #1 (Strong Buy) Biggest Movers

Value: Angang Steel Co. ANGGY

Growth: MiX Telematics MIXT

Momentum: ANGGY

VGM: MIXT

Income: N/A

Major Indexes

DOW: 19,954.28 / 98.75 / +0.50%

S&P 500: 2,275.32 / 6.42 / +0.28

NASDAQ: 5,563.65 / 1.32 / +2.55%

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Pfizer, Inc. (PFE): Free Stock Analysis Report
 
Johnson & Johnson (JNJ): Free Stock Analysis Report
 
ISHARES NDQ BIO (IBB): ETF Research Reports
 
Gilead Sciences, Inc. (GILD): Free Stock Analysis Report
 
Ethan Allen Interiors Inc. (ETH): Free Stock Analysis Report
 
Angang Steel Co. (ANGGY): Free Stock Analysis Report
 
Facebook, Inc. (FB): Free Stock Analysis Report
 
MiX Telematics Limited (MIXT): Free Stock Analysis Report
 
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