Stocks Plummet: Vaccine and Packaged Food Companies Takes a Hit as Robert F. Kennedy Jr. Nears Health Secretary Role
2025-02-04
Reuters
The stock market witnessed a significant downturn on Tuesday as shares of vaccine manufacturers and packaged food companies took a hit. This decline came after Robert F. Kennedy Jr., President Donald Trump's nominee for U.S. health secretary, moved closer to securing the position following a favorable Senate panel vote. As concerns over potential policy changes grow, investors are closely watching the developments. With the health sector and food industry being highly regulated, a new health secretary could bring about significant changes, impacting stocks and the overall market. Keywords like health reform and healthcare policy are gaining attention, as investors weigh the potential implications.
