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Hospital Sector Gets Boost from Election Results

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  • Description

    FBN’s Nicole Petallides breaks down the day in the markets.

  • Duration 1:31
  • Date

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Let's go to -- called right now let's we're looking at a market that loses steam you've been with traders throughout the tumultuous day what's the biggest concern out there.

But -- concern is the next four years and how will play out a lot of folks here on Wall Street had.

Other ideas for the administration and business and what we're seeing his financials and insurers and -- stocks and energy stocks -- coming under pressure.

Because some of the policies that are there in Placer -- -- into place.

Well let's focus on -- we're looking at Bank of America down 7%.

Morgan Stanley was down over 8% and even some stalwarts like JPMorgan and Goldman Sachs down over five cited this this was yeah although -- -- That's right -- -- -- we're really the biggest losers on the Dow Jones industrials for example when he's -- Bank of America down 6%.

So -- down 300 points on Wall Street going into this closing valves and financials were -- big loser.

One sector that outperform today and is this is -- a neat trick because it was a very ugly day overall enough for the hospital lanes wide.

Well that's one of the reasons -- -- the hospital -- it was.

People get insurance and the hospitals actually will be.

This very profitability the rules that would going to -- -- while insurers -- downed hospitals to value wow.

And -- it is official in the cola apple is now in.

Bear territory we saw big move -- -- -- after 21 bucks at my wife got quite far.

Like 700 dollars -- why not for apple not right now and traders still see down.

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