Wall Street Frets Over Health Vote’s Impact

  • Hedges abound as investors fear Congressional gridlock
  • Ability to pass bill seen as harbinger for Trump’s proposals

Washington’s got Wall Street’s undivided attention.

As Republicans in Congress tried to wrangle enough votes to pass their health care bill Thursday, the S&P 500 Index swung from a gain to a loss, continuing its worst selloff of the Trump era. Meanwhile demand rose for traditional safe havens like Treasuries.

By the close of trading, the GOP had decided to delay the vote as conservatives mulled a proposal from the Trump administration. The S&P 500 finished down 0.1 percent, while the Dow Jones Industrial Average was essentially flat and the Nasdaq 100 Stock Index fell 0.2 percent…

Wall Street Frets Over Health Vote’s Impact

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