Healthcare stocks perform the worst during election years

Healthcare and technology stocks typically perform the worst during the years U.S. citizens select a new president, according to an analysis of sector performance by Dow Jones market data cited by The Wall Street Journal.

Although healthcare stocks are considered stable investments because they don't fluctuate with the economy, they are vulnerable to government policy changes.

 As a result, they typically fluctuate during election years based on who is winning iin the polls.

According to the Journal, shares of healthcare stocks are slightly underperforming this year compared to the broader market. Healthcare stocks have seen a 2.5 percent rise on the S&P 500, compared to the broader market, which has seen a 2.8 percent rise.  

Access the full report here.

More articles on healthcare finance:
Missouri hospital abruptly closes, misses payroll
Bon Secours to close Kentucky hospital, affecting 1,000 employees
Aggressive creditor forced hospital chain into bankruptcy, CEO says

© Copyright ASC COMMUNICATIONS 2020. Interested in LINKING to or REPRINTING this content? View our policies by clicking here.


Featured Webinars

Featured Whitepapers