Back to Europe
The postmortem of the health care ruling is going to continue for a while, but what is clear is that the market isn't thrilled with the results. Ultimately, health care will be an election issue, so I don't expect the market to dwell on it for too long. The focus is going to shift back to Europe very quickly, which might not be such a good thing.
So far, the European Union summit isn't yielding anything to excite the market and it is slowly churning lower. Breadth is poor as it approaches 3-to-1 negative. All major sectors are red as gold, banks and chips perform the worst. Even biotechnology, which has been a safe have lately, is seeing pressure....104 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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