Health stocks hit after Trump taps RFK for top job

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The story "Health stocks hit after Trump taps RFK for top job" was covered 11 hours ago by BBC Business, a news publisher based in United Kingdom.

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Health stocks hit after Trump taps RFK for top job - BBC Business

Quick Summary:

Investors are "spooked" by plan to name a vaccine-sceptic as US health secretary, analysts say.

He called on policymakers to focus on addressing chronic disease with prevention and reforming America's complicated health system to make medicine more affordable.

In opening trade on Friday, shares in Pfizer and Moderna tumbled more than 5%, accelerating their slide after dropping about 2% on Thursday.