Why are all the major health care stocks down today? Shouldn’t they be up on the good news of Brown’s election?
Merck: Down 1.6%
Glaxo: Down .52%
Pfizer: Down .3%
And the insurance stocks, as measured by an EFT, are down 1.75% today.
Can some Republican explain why Wall St. thinks Brown’s election will be bad for the health care and insurance industries?