Hospitals Surge, Insurers Slide on Ruling

Thursday's historic Supreme Court ruling upholding the U.S. health-care overhaul law sent stocks throughout the health-care sector in different directions by maintaining the promise of more people seeking services, but also new costs and other big changes.

By upholding the politically contentious law, the high court keeps alive this complex mix of opportunities and pressure points, at least through November's elections. The law aims to extend coverage to tens of millions of Americans through state-based exchanges and a broader Medicaid program while imposing various cuts and taxes on health companies.

Hospital operators broadly posted big gains because the upheld law ...

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