Friday selloff spills into new week
2018-12-17 09:37:05
Stock futures fell during the early session, extending the selloff that began on Friday. A number of healthcare and hospital stocks are being sold following a Texas court ruling that struck down the legality of the Affordable Care Act. The Empire Manufacturing report showed a reading of 10.6, versus the estimate of 20.0, and business confidence had its lowest reading since October 2016. Oil prices remain higher, but off their best levels of the session. In early trading, the S&P is down 18 points, the Dow is down 190 points and the Nasdaq is down 48 points.