Roughly Speaking podcast: The president vs. the press (episode 200)

HCA Healthcare

Drugmakers soar, gun companies sink: Stocks react to Trump

Drugmakers soar, gun companies sink: Stocks react to Trump

Donald Trump's upset victory over Hillary Clinton caught many investors off guard. While it didn't cause a broad market decline as many had feared, it did send some stocks sharply higher and others sharply lower. Here's how some industries shook out as investors try to anticipate how Trump's talk on the campaign trail might translate into policies that affect U.S. companies.

WINNERS:

—Drugmakers. Pharmaceutical companies and pharmacy benefits managers rose sharply on the expectation that Trump and a Republican-controlled congress are less likely to crack down on rising drug prices. Pfizer jumped 7 percent, Celgene rose 9 percent and Express Scripts...

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