US Stocks: Stocks Tumble 1% After Health-Care Ruling

“It’s a pretty clear negative. Until the election [in November], public policy uncertainty was going to be on the rise, dampening business confidence,” Barry Knapp, head of U.S. equity portfolio strategy at Barclays. “This clearly plays into that theme and it leaves a whole bunch of unanswered questions….Markets were going down anyway and this is just going to be a pretty clear negative catalyst over the next or two as opposed to something to stop the bleeding.”

via US Stocks: Stocks Tumble 1% After Health-Care Ruling – US Business News – CNBC.

Wayne Dupree

Wayne Dupree is owner and founder of WayneDupree.com. He was named to the 2017 Newsmax’s 50 Most Influential African-American Republicans. He served in the USAF between 1987-1995. He saw time in Operation Desert Storm/Shield and is the father of three. He is the host of the Wayne Dupree Show.

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