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Strategies & Market Trends : Dividend investing for retirement -- Ignore unavailable to you. Want to Upgrade?


To: Ditchdigger who wrote (26769)3/7/2017 10:03:15 AM
From: E_K_S  Respond to of 34328
 
All eyes on healthcare with GOP bill out. . .

Trump tweets about a "new system" to lower drug prices; IBB down 1% premarket

The iShares Nasdaq Biotechnology Index Fund (IBB) is down 1% premarket on average volume as is the SPDR S&P Biotech ETF (XBI).

Top biotechs are also down ~1% premarket: (NASDAQ:GILD)(NASDAQ:BIIB)(NASDAQ:AMGN), Shire (NASDAQ:SHPG) down 2%, Perrigo (NASDAQ:PRGO) down 2%, Mylan (NASDAQ:MYL) down 1%, Valeant Pharmaceuticals (NYSE:VRX) down 1%.
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Still too early to tell but Drug stock selling off hinting there may be some price disruption. No idea if that may/could impact Pharma dividends.

Medical REITs off a bit but very small.

EKS