U.S. Stocks Open Lower As Healthcare Stocks Hit

U.S. stocks on Wednesday opened slightly lower, pressured by a selloff in the healthcare sector. Pharmaceutical companies took a hit after president-elect in an interview with the Time magazine said he would lower drug prices. The S&P 500 was off by 2 points, or 0.1%, to 2,210, though hovering near its all-time high. The Dow Jones Industrial Average shed 11 points, or 0.1%, to 19,240, trading in record territory. The Nasdaq Composite was off by 7 points, or 0.1%, at 5,325