Trump Likes Watching Markets Go Up, and Sending Companies Down
- Insurers fell after Trump action Friday, pharma falls Monday
- Calls to bring U.S. drug prices in line with other countries
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There are two things President Donald Trump seems to enjoy about the stock market: watching it go up during his presidency, and sending down the shares of individual companies with his tweets or remarks.
A few hours after tweeting about the market’s gains since his November election, Trump was also talking about tanking health insurance stocks. He also sent drugmakers down Monday with comments about U.S. pharmaceutical prices.