Election Impact: Health care stocks jump following midterms
Health insurers rose sharply Wednesday as investors anticipated that any prospects of repealing the Affordable Care Act, which expanded health insurance to millions of Americans, diminished greatly now that
Marijuana companies soared after several states voted to partly legalize pot, oil and gas companies benefited from the defeat of a ballot measure in
Here's a look at industries and companies that were affected in various ways by the outcome of the election.
HEALTH
Voters in
The largest
MARIJUANA STOCKS: Voters in
The stocks built on their gains in the afternoon following the resignation of Attorney General
DIALYSIS DETAILS: Dialysis services company DaVita surged after
DaVita gained 10.3 percent to
FRACKING FALLOUT: Oil drillers
GROWTH: Big tech and retail companies made huge gains. The stocks aren't expected to benefit from any specific vote or change in policy, but with the elections over, investors were willing to take bigger risks and bet that the global economy will keep growing. Amazon jumped 6.4 percent to
Safer, steadier stocks generally rose, but they didn't do as well as the rest of the market. Those stocks had surged in October as the rest of the market struggled, but on Wednesday, utility company AES fell 2.4 percent to
Kuster coasts to record, 4th straight win in 2nd Congressional District race
A.M. Best Downgrades Credit Ratings of ERAC Group Members
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