Wall Street Rises as Financials Lead Before Earnings<br />Hospital and insurer groups have been vocal against proposed Medicaid cuts which could result in lower revenues for hospitals like Community Health Systems Inc<br />and Medicaid insurance specialists like Molina Healthcare and Centene Corp.<br />Investors are eager to move past the healthcare bill<br />and onto comprehensive tax reform, though Congress’s ability to address it soon are in doubt, Cox said.<br />The S&P 500 healthcare index was up 0.09 percent, barely moving on news of U. S.<br />Senate Majority Leader Mitch McConnell’s unveiling of a revised healthcare bill.<br />NEW YORK — Wall Street posted slight gains on Thursday<br />and the Dow hit another record high close, with financials rising ahead of profit reports due Friday from several big U. S. banks.<br />The Dow Jones Industrial Average rose 20.95 points, or 0.1 percent, to 21,553.09, the S&P 500 gained 4.61 points, or 0.19 percent, to 2,447.86<br />and the Nasdaq Composite added 13.27 points, or 0.21 percent, to 6,274.44.<br />Federal Reserve Chair Janet Yellen told a Senate panel on Thursday<br />that it would be "quite challenging" for U. S. growth to reach a 3-percent target set by President Donald Trump.<br />Jamie Cox said that Even if this bill is passed, there will be multiple iterations of healthcare legislation to come,
