Market News: Netflix, Cree, Tenet Healthcare

The stock markets in the United States declined again today as investors continue to monitor for development of the debt negotiations between Greece and its international creditors.

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The equities of healthcare companies rallied following a key decision of the Supreme Court saved the Affordable Care Act popularly known as the Obama Care.

The Supreme Court upheld that the Affordable Care Act authorize federal tax credits for eligible Americans living not only in states with their own exchanges but also in the 34 states with federal exchanges. The 6-3 decision of the court is the major wind for the Obama administration.

Chief Justice John Roberts wrote in the majority opinion of the Supreme Court that the "Congress passed the Affordable Care Act to improve health markets, not to destroy them. If at all possible, we must interpret the Act in a way that is consistent with the former, and avoids the latter."

President Barack Obama said, "Five years ago, after nearly a century of talk, decades of trying, a year of bipartisan debate, we finally declared that in America, healthcare is not a privilege for a few but a right for all. The Affordable Care Act is here to stay."

On the other hand, Greece and the finance ministers in the European region haven't reach a financial aid agreement. The EU finance ministers will hold a two-day summit later today on the situation.

Germany's Finance Ministry Spokesman Martin Jaeger recently stated that they already made exceptionally generous compromises during the debt talks and it now Greece's turn to make a move to resolve the deadlock.

The EU finance ministers rejected some of the economic measures proposed by Greece including the extra charge on company profits, a tax on electronic gaming, and an increase in employer contributions.

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