Democrats overcame last minute changes and procedural moves to win passage of comprehensive healthcare legislation Sunday. Healthcare stocks led gains as uncertainty faded and companies looked toward the prospect of an additional 30 million customers.
Political news dominated the session, as investors also digested continued uncertainty over Greece after remarks from German Chancellor Merkel emphasizing that providing assistance would be a last resort. There was little in the way of economic news, t hough a few encouraging earnings reports helped lift spirits.
Monday, March 22, 2010
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