Stocks approach new highs but healthcare stymies Wall Street
Updated : April 17, 2019 06:14 AM IST
Wall Street's S&P 500 gave up nearly all of its earlier gains as healthcare shares fell after UnitedHealth Group Inc discussed concerns about US Senator Bernie Sanders' "Medicare for All" plan.
European stock volatility reached its lowest level since January 2018, while on Wall Street, the CBOE Volatility Index hit its lowest level in more than six months.
The US-China trade dispute, signs of slowing global corporate earnings and fears about an economic downturn have weighed on riskier assets in the past year.
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