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The Supreme Court Tanks the Dow

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June 28, 2012 | Comments (3)

The Supreme Court released a landmark verdict this morning upholding the Affordable Care Act and shares are down across the board. This video takes a look at the decision, the health-care companies on the Dow, and the one component leading the index lower.

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David Williamson owns shares of Johnson & Johnson and Pfizer, but he holds no other position in any company mentioned. Click here to see his holdings and a short bio. The Motley Fool owns shares of Johnson & Johnson and JPMorgan Chase. Motley Fool newsletter services have recommended buying shares of Pfizer and Johnson & Johnson, as well as creating a diagonal call position in Johnson & Johnson. The Motley Fool has a disclosure policy. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. Try any of our Foolish newsletter services free for 30 days.


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  • Report this Comment On June 28, 2012, at 4:15 PM, CheshireJimmy wrote:

    "Supreme Court Tanks the DOW" Sounds dire. Maybe you should have waited a few hours before pronouncing doom. The DOW has closed higher than when the SC announced their decision.

  • Report this Comment On June 28, 2012, at 5:49 PM, SammyP1 wrote:

    LOL, seriously. What a joke.

  • Report this Comment On June 29, 2012, at 7:09 PM, ligett wrote:

    Up 300 points in the first 24 hours. Lets hope the Dow keeps tanking like this.

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