NEW YORK | Election Impact: Health care stocks jump following midterms

NEW YORK | Election Impact: Health care stocks jump following midterms

NEW YORK— The outcome of the midterm elections was good for the stock market in general, mostly because it didn’t produce any big surprises, but it was especially good for the health care industry and several other companies.

Health insurers rose sharply Wednesday as investors anticipated that any prospects of repealing the Affordable Care Act, which expanded health insurance to millions of Americans, diminished greatly now that Democrats control the House of Representatives.

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