Dow Jones down 120 points, health care stocks up sharply
Banks are faring worst among S&P sectors
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%.