US STOCKS-Wall St ends flat; healthcare off on new Obamacare challenge

viernes 7 de noviembre de 2014 17:36 GYT
 

* October jobs growth short of forecast but Aug, Sept revised up

* Disney falls after results, Salix plummets

* Indexes: Dow up 0.1 percent, S&P 500 flat, Nasdaq off 0.1 percent (Updates to market close)

By Rodrigo Campos

NEW YORK, Nov 7 (Reuters) - U.S. stocks closed little changed on Friday, pressured by renewed uncertainty in healthcare stocks and by Disney shares, even as October payrolls data pointed to a resilient economy in the face of sluggish global growth.

The S&P 500 and Dow industrials closed at record highs and rose for a third consecutive week.

Health insurers fell sharply after the U.S. Supreme Court agreed to hear a challenge to a key part of the Obamacare health law that, if successful, would limit the availability of federal health insurance subsidies for millions of Americans.

"Any kind of change in how the healthcare law is interpreted is going to affect healthcare stocks, probably insurers first," said Kim Forrest, senior equity research analyst at Fort Pitt Capital Group in Pittsburgh.

"Whenever the rules have potential to change everybody gets nervous."   Continuación...