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Wall Street on Friday soared and ended at a record high after market participants, starved of economic data during the ongoing U.S. government shutdown, received a reprieve in the form of a cooler-than-expected consumer inflation report.
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The S&P 500 Health Care Index Sector gained about 0.86% during the week, with notable top gainers and losers listed.
The probe could lead to broad new tariffs on foreign goods, potentially reigniting trade tensions and aiming to equalize drug prices between the US and other countries.
Molina attributed the guidance cut to higher medical cost trends across all segments, especially impacting its marketplace business, with an increased medical cost ratio projection for 2025.
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Notable healthcare headlines for the week: UnitedHealth, Molina and Roche in focus
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