Asia Unhedged | Dow Jones down 120 points, health care stocks up sharply
New York Stock Exchange (NYSE) building  in New York. Photo: AFP, Jewel Samad
New York Stock Exchange (NYSE) building in New York. Photo: AFP, Jewel Samad
Asia UnhedgedReal-time intel on what moves markets

Dow Jones down 120 points, health care stocks up sharply

Banks are faring worst among S&P sectors

March 27, 2017 10:15 PM (UTC+8)

With the Dow down 120 points at 10:00 am, the market selloff has calmed a bit. Futures at one point were down 170 points.

It’s an ill wind that blows nobody good, and health care stocks are up sharply on the thought that continuation of Obamacare means plenty of spending.

Banks are the worst performer among the S&P 500 sectors, with the S&P investment banking index down 3%.

Comments