Stocks rose on Monday led by the healthcare sector after the House of Representatives passed a healthcare reform bill, providing clarity following months of uncertainty.
Wall Street was set to open lower on Monday as investor risk aversion was revived by concerns over Greece's debt crisis and the passage of sweeping healthcare reform.
Stock index futures fell on Monday as the passage of sweeping healthcare reform and uncertainty over Greece's debt crisis revived investor risk aversion.
Cheap U.S. healthcare stocks should perform well in the next few months now that legislative uncertainty about reform in the sector has been removed, said Legg Mason Inc fund manager Bill Miller.
Stock index futures pointed to a lower open on Wall Street on Monday, with futures for the S&P 500 down 0.52 percent, Dow Jones futures down 0.38 percent and Nasdaq 100 futures down 0.47 percent.
Washington's bid to put finishing touches on healthcare reform this weekend should help lift uncertainty on Wall Street, but there may be some turbulence along the way this week as the recent rally appears to be fraying.
Washington's bid to put finishing touches on healthcare reform this weekend should help lift uncertainty on Wall Street, but there may be some turbulence along the way next week as the recent rally appears to be fraying.
(Reuters) - President Barack Obama picked up support for healthcare reform on Wednesday from a prominent liberal and a group of Catholic nuns, who broke with bishops on the issue of abortion and urged passage of the overhaul.
(Reuters) - President Barack Obama picked up his first convert in the push for healthcare reform on Wednesday as Democrats in the House of Representatives prepared for a close weekend vote on final passage.
President Barack Obama on Monday delivered an emotional closing argument for his healthcare plan, kicking off a week he hopes will end with a conclusive vote in Congress after a year of debate.
President Barack Obama on Friday delayed an overseas trip to focus on the final drive for healthcare reform as the House of Representatives prepared to vote on the sweeping overhaul next week.
(Reuters) - Congressional Democrats drew closer on Thursday to agreement on a broad healthcare overhaul that could clear the way for a final vote in the next few weeks, but vowed not to be bound by White House deadlines.
President Barack Obama declared on Wednesday the time for talk is over and urged the U.S. Congress to vote on healthcare.
Congressional Democrats on Tuesday cast doubt on their chances of meeting the White House's March 18 deadline for voting on a stalled healthcare overhaul, but said they are moving as fast as they can.
President Barack Obama, making a final push for healthcare reform, will back bipartisan plans to stamp out waste in government-run medical programs for the old and needy, the White House said on Tuesday.
The leader of the House of Representatives -- a persuasive arm-twister and deal maker -- faces her toughest challenge yet in the coming weeks: getting 216 votes to pass final legislation revamping the U.S. healthcare system.
Hitting the road to rally support in the final push for healthcare reform, Obama used a campaign-style speech to urge Democrats to approve a bill and quickly end the political wrangling that has consumed Washington since July.
U.S. stocks barely budged on Monday as hopes stirred by AIG's sale of a unit and McDonald's upbeat sales were offset by falling healthcare shares after President Barack Obama's criticism.
Portugal's long-term budget austerity plan encompasses spending cuts via reducing tax breaks and containing public sector wages, but entails no Greece-style wage cuts or tax hikes, local media said on Sunday.
Kevin Rudd, the Prime Minister has presented the Government's National Health and Hospital Network for Australia's future report, saying that it is the most significant reforms to health and hospitals since the introduction of Medicare.
By pushing Congress for final passage of U.S. healthcare reform, President Barack Obama is gambling voters will reward Democrats for the accomplishment rather than punish them in November congressional elections.
A dozen House of Representatives Democrats opposed to abortion are willing to kill President Barack Obama's healthcare reform plan unless it satisfies their demand for language barring the procedure, Representative Bart Stupak said on Thursday.
