Wall Street Slips on Healthcare, Consumer Names
US stocks were modestly lower on Thursday, weighed down by a drop in healthcare and consumer names, while financials advanced slightly after two more Federal Reserve officials pushed the case for a rate hike. Healthcare stocks, down 0.8 percent, came under pressure for a second straight day.
St. Jude Medical shares fell 5 percent after short-selling firm Muddy Waters said it bet that the shares would fall because of cyber security vulnerabilities in the company's cardiac devices.
Mylan NV shares shed 0.7 percent as the company continued to face pressure over the price of its EpiPen allergy treatment. Consumer discretionary stocks fell 0.4 percent after disappointing results from a trio of retailers. Dollar Tree was down 9.9 percent, Dollar General off 17.7 percent, and Signet Jewelers slumped 12.6 percent.
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US stocks were modestly lower on Thursday, weighed down by a drop in healthcare and consumer names, while financials advanced slightly after two more Federal Reserve officials pushed the case for a rate hike. Healthcare stocks, down 0.8 percent, came under pressure for a second straight day. 
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