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Health Care Stocks Reach 11-Year High

Monday, 26 Mar 2012 | 3:58 PM ET
American healthcare reform
Tom Grill | Photographer's Choice RF | Getty Images
American healthcare reform

A historic day for health care: the S&P Health Care Sector touched its highest level in 11 years, on the same day the Supreme Court begins hearings regarding the constitutionality of President Obama’s health-care law.

The S&P Health Care Sector advanced to the highest level since January 2001 as health insurers rallied, joined by the broader market .

Additionally, the Morgan Stanley Healthcare Payors Index is having its best day since December 20.

Health care stocks spent much of 2012 inching higher, and are currently the sixth best performing sector in the S&P 500, up 7 percent.

bythenumbers.cnbc.com

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