Market Weekly: July 17-21-2017



[size=3](Reuters) – U.S. stocks opened lower on Tuesday, weighed down by earnings reports from some big names and concerns over President Donald Trump’s ability to push through his pro-growth policies, following a setback to the healthcare bill.

Shares of Bank of America slipped 0.8 percent, while Goldman Sachs was down 0.9 percent after reporting quarterly results. Harley-Davidson slumped 9.6 percent after the motorcycle maker cut its 2017 shipments forecast.

The healthcare sector will be under scrutiny after the Republican healthcare bill to replace Obamacare sank in the Senate, with news that two Republican senators would not support the latest version of the bill. The healthcare bill failure spelled uncertainty for President Donald Trump’s agenda of tax reform and an infrastructure overhaul ….–finance.html