Yahoo Finance's Julia La Roche sits down with executive chairman and former CEO of Starbucks Howard Schultz
John McCain (R-Ariz.) is the latest senator to say he’ll vote no Graham-Cassidy—and health care stocks are ripping higher. Plus, Apple shares are down again as the iPhone 8 and new Apple Watch hit the stores.
The S&P 500 closed slightly higher on Friday even though Apple was a drag, as worries about Washington's latest healthcare legislation proposal eased and investors shrugged off concerns about North Korea. After a volatile day the S&P's healthcare sector ended 0.1 percent higher as insurance stocks regained ground after Republican Senator John McCain said he opposed his Republican peers' latest effort to replace President Barack Obama's healthcare law.
The tax plan, crafted by the Trump administration and Republican Congressional leadership, is expected to be unveiled Wednesday, a positive for stocks.