Donald Trump's Big News Conference Thrashes Drug Stocks

President-elect Donald Trump held his first news conference of the year and managed to move markets.
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President-elect Donald Trump held his first news conference in months and his comments on drug pricing sent biotech and pharma stocks lower. Trump says drug companies were "getting away with murder" when it comes to drug pricing. Trump hit on familiar themes, including job creation, repealing Obamacare and building a wall at the Mexican border. Trump was asked many questions about a leaked intelligence report that Russia has compromising information about him, which he said was "nonsense."  He also said while he thinks Russia has been involved in hacking in the U.S., he noted that other countries, including China, have also been involved in hacking.