The impact of Wall Street Gains From Donald Trump Statement

Equityworld Futures, New York - US stocks (US) or Wall Street rose after the impact of the volatile movement of the US president Donald Trump statement about drug prices.

At the close of trading on Wednesday (Thursday morning GMT), the Dow Jones stock index rose 96.32 points or 0.49 percent to a level of 19 951. Stock index S & P 500 rose 6.29 points or 0.28 percent at 2,275. Nasdaq stock index climbed 11.83 points or 0.21 percent at 5,563. Stock index measuring investor anxiety or VIX rose 6.4 percent.

Donald Trump presidential statement could make the stock index Nasdaq depressed. Investors tend to sell shares after the drug Donald Trump said pharmaceutical companies have set the price of expensive drugs. It also encourages it plans to import drugs murah.Donald Trump deliver it at the first press conference since 8 November 2016 election.

Health stock sector index S & P 500 fell 1.9 percent. Pressure on the stock index was the worst since Nov. 22. Then the Nasdaq biotech stock index also fell 3.1 percent.

"When someone in power to say something negative, make people not want to invest in it so that the view of the sector does not become attractive for investment. It makes them withdraw their money," said Brad Loncar, Manager Loncar Cancer Immunotherapy, as quoted from Reuters on Thursday ( 01.12.2017).

Stocks that are depressed include Lockheed Martin fell 0.55 percent after Donald Trump sebuat program F-35 fighter jet is a program that has a very large budget and schedule yet.

"Trump is difficult for businesses that take advantage of the US, among others, health, automotive, and pharmaceutical exporters. The market seemed to be familiar with the headlines in the White House," said analyst Brian Battle Analytics Performance Trust.

Five of the 11 sectors of the stock in the S & P stock index tend to be depressed. However, the rise in energy stocks sector limit the decline in benchmark stock indexes in wall street.
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