Healthcare stocks rise after Democratic debates

Healthcare stocks ticked up last week following the first Democratic presidential debates, The Wall Street Journal reported.

Healthcare has lagged in 2019 as the worst-performing sector in the S&P 500, according to the report. WSJ notes healthcare stocks dropped with the introduction of single-payer plans in Congress earlier this year.  

However, when most Democratic candidates said last week during the debates that they would not fully abolish private insurance, UnitedHealth, Anthem and Humana stocks all enjoyed gains. Shares of CVS Health and Rite Aid were also up last week, according to the report.

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