Stocks Decline for 3rd Time in 4 Days

Dow slides 30 points
By Newser Editors and Wire Services
Posted Mar 7, 2017 3:16 PM CST

(Newser) – US stocks declined for the third time in four days as health care companies took center stage on Tuesday, the AP reports. Drugmakers fell after President Donald Trump said he wants to bring drug prices down. Insurers rose and hospital companies dropped after Republicans in Congress introduced a bill intended to replace the 2010 Affordable Care Act. The Standard & Poor's 500 index fell 6.92 points, or 0.3%, to 2,368.39. The Dow Jones industrial average slid 29.58 points, or 0.1%, to 20,924.76. The Nasdaq composite gave up 15.25 points, or 0.3%, to 5,833.93. The Russell 2000 index of small-company stocks shed 9.37 points, or 0.7%, to 1,374.88. (Read more Dow Jones stories.)

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