Banks slide; insurers fall as GOP health care bill fails
KEEPING SCORE: The
Most of the companies on the
HEALTHCARE REFORM: The Senate Republican health care bill suffered a potentially fatal setback late Monday when two more
Most health care stocks traded lower Tuesday as investors tried to divine what will come of the Republican health care effort. Generic drugmaker Perrigo sank
Health insurers also declined even though
DOLLAR DIVES: The dollar slipped again as the agenda of President
The dollar slid to
STILL WATCHING:
HOG NOT
DIAL TONE: Swedish mobile networks company
BONDS: Bond prices rose. The yield on the 10-year
Bank of America reported a bigger profit Tuesday thanks to higher interest rates even though the calm market led to a drop in its trading revenue. Investment bank Goldman Sachs reported flat earnings and its trading desk had another rough quarter, with a big drop in revenue from bond, currency and commodities trading. Unlike consumer banks, Goldman makes most of its money from trading securities and advising companies.
While both companies did better than analysts expected, it wasn't enough to get investors excited. Goldman lost
ENERGY: Benchmark
OVERSEAS: The DAX in
AP Markets Writer
ORPEA: Robust Increase Of +10.5% In H1 2017 Revenues To €1,525.9M
Wall Street’s Goldman Sachs moves quietly into Main Street
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