Health-care companies rallied amid optimism about earnings growth in the sector.
President Biden signed an order to reopen enrollment for Affordable Care Act coverage as part of his response to the economic slowdown and a broader review of Trump administration health-care policies. President Biden signed executive orders directing the government to re-examine Trump-era health-care policies, which could lead to the unraveling of initiatives like Medicaid work requirements and short-term health plans.
In one good sign for public health, Covid-19 hospitalizations fell to 107,444 as of Wednesday, down from a Jan. 12 peak of 131,326, according to the Covid Tracking Project.
Write to Rob Curran at rob.curran@dowjones.com
(END) Dow Jones Newswires
01-28-21 1716ET
