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Stocks Take a Hit After Health Care Overhaul Falters

March 27, 2017

Stock markets slumped on Monday, the first full day of trading after President Trump’s efforts at health care reform fell short, an apparent sign to investors that hopes of tax reform and financial stimulus may be in doubt.

The major market indicators fell to their lowest levels since early February on Monday. After dropping about 1 percent, the benchmark Standard & Poor’s 500-stock index was down 0.5 percent in midmorning trading.

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