Quickly on this headline that mccain plans to vote no on the Graham Cassidy bill. Heres the s p 500 managed care index. This is the spike, it has changed a little bit, but you saw how it is falling going into this headline. Some of the large Health Insurance Companies Like the United Health cares of the world have not been moving much over the past few months, but they have been moving today. United health is still down. Those companies are seen as having more leverage in the Health Care Policy changing. Ne, which has more exposure to those who would be affected by changes to healthcare legislation. , an operator of many urgent care centers, has been volatile in recent days as well. Traders try to figure out what this vote could potentially mean. Turning back to broader markets, taking a look at the week that we have seen for the major averages. As we know, the three majors did hit records this week. The dow has been leading on the but, up a quarter percent, the s p little change, the
I know a lot of confusion. What is going to be and even if we get it through, what happens in the senate, if it does not like what we were talking about . Somentense time and confusion over the details. Time when different it was shelved in march. As we watched the developments, a check on how markets are trading with julie hyman. Julie we are not seeing much reaction to the Health Care Bill. Stocks mostly on earnings and energy. In the 2 the 2 big themes. That has been the case most of the day. I want to talk about health care. Health care is up a little bit, it has been up since election about 11 which is about the same the s p 500 has risen. We have a chart on bloomberg of valuation, the Health Care Index versus the s p 500, the price to earnings ratio in white and the s p 500 in blue. For much of the last several years, health care has been more expensive. That it changed and the spread on the bottom. That changed in late 2016 after the election and we see health care trade at a di
I know a lot of confusion. What is going to be and even if we get it through, what happens in the senate, if it does not like what we were talking about . Somentense time and confusion over the details. Time when different it was shelved in march. As we watched the developments, a check on how markets are trading with julie hyman. Julie we are not seeing much reaction to the Health Care Bill. Stocks mostly on earnings and energy. In the 2 the 2 big themes. That has been the case most of the day. I want to talk about health care. Health care is up a little bit, it has been up since election about 11 which is about the same the s p 500 has risen. We have a chart on bloomberg of valuation, the Health Care Index versus the s p 500, the price to earnings ratio in white and the s p 500 in blue. For much of the last several years, health care has been more expensive. That it changed and the spread on the bottom. That changed in late 2016 after the election and we see health care trade at a di
I know a lot of confusion. What is going to be and even if we get it through, what happens in the senate, if it does not like what we were talking about . Somentense time and confusion over the details. Time when different it was shelved in march. As we watched the developments, a check on how markets are trading with julie hyman. Julie we are not seeing much reaction to the Health Care Bill. Stocks mostly on earnings and energy. In the 2 the 2 big themes. That has been the case most of the day. I want to talk about health care. Health care is up a little bit, it has been up since election about 11 which is about the same the s p 500 has risen. We have a chart on bloomberg of valuation, the Health Care Index versus the s p 500, the price to earnings ratio in white and the s p 500 in blue. For much of the last several years, health care has been more expensive. That it changed and the spread on the bottom. That changed in late 2016 after the election and we see health care trade at a di
The close of the u. S. Trading. Lets get a check on where stocks are trading with julie hyman. Yellensjanet testimony gave the markets another rally. Julie and day how many of the Health Care Debate . Of ave not seen that much reaction yes, they have climbed from the lows of the session but almost a black line on health care today as the move appears to be incremental. Jason gorman, who covers health care for bloomberg intelligence, says maybe this gets closer in the senate, but still an uphill battle in the house. Health care not getting much of a reaction. We are seeing a rally, albeit a muted one, on day 2 of Janet Yellens testimony. Dow rising to a record again to. Ransports also rallying s p and nasdaq, not much changed, but something of an upward bias. On the bloomberg, you have a mixed picture. Financials are bouncing after yesterdays declines to technology continuing what has been an impressive rally. The fifth straight day we have seen the nasdaq higher. Have not seen a rally