Trash Talk: Dow Gains 100 Points, Nasdaq Hits Fifth Straight High Despite Trump Presser

From Stocks To Watch Today
January 11, 2017 - 5:26pm

Stocks edged higher today despite Donald Trump trashing the health care sector in his press conference today. The S&P 500 rose 0.3\% to 2,275.32 today, while the Dow Jones Industrial Average gained 98.75 points, or 0.5\%, to 19,954.28. The Nasdaq Composite advanced 0.2\% to 5,563.65--and hit its fifth consecutive high--despite the fact that biotech stocks tumbled after Trump said that drug companies "are getting away with murder." Instinet's Frank Cappelleri marvels at the market's ability to weather selloffs like the one that occurred in biotech stocks:

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