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Health Insurers, Hospital Shares Rally After Democratic Midterm Sweep

US health insurer and hospital operator shares rose in early trading after Democrats won the Senate and House, with the result fueling hopes for sector-friendly policy changes. Centene climbed over 8% to $73.12.

CNCELVHCAMOHTHCUHS

Shares of Medicaid-focused US health insurers and hospital operators rose in early trading on Wednesday as Democrats' sweep of the Senate and House of Representatives in the midterm elections fueled hopes of sector-friendly policy changes.Centene shares NYSE:CNC climbed over 8% to $73.12, Elevance…

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