The unemployment rate declined to 4.6%, the Labor Department says in its final jobs report before the Fed's Dec. 13 to 14 meeting. Economists had expected a rate of 4.9%.
President-elect calls Tom Price and Seema Verma a health care "dream team," but analysts say hospital and health insurance stocks could be in for a shock.
Pharma stocks have bounced back from their prior selloff, but whether they will continue their upward trend under a Donald Trump administration remains unclear.
With Donald Trump vowing to repeal Obamacare once in office, hospital stocks took a hit on expectations debt will rise.