Wall Street stumbles as health stocks fall

Apple Leads Wall Street's Retreat From Record Levels

At the Dow's low end, Apple dropped 0.5% after a downgrade to market perform, from outperform, from BMO Capital Markets.

The rapid growth of mHealth in psychiatry has led to the development of a variety of web-driven screening tools for many mental health issues.NEW YORK: Wall Street pulled back from record highs on Monday, with the Dow and the S&P 500 indexes marking their biggest one-day percentage declines in about five months, weighed down by a slide in Appleshares. "Given the mountain of key items ahead, investors may have found the current period opportune for profit taking, though focused also on what these incoming leads may mean for markets". While the UK's FTSE 100 Index tumbled by 1.1%, the German DAX Index and the French CAC 40 Index dropped by 1% and 0.9%, respectively. UnitedHealth Group lost $10.76, or 4.3 percent, to $236.65.

Rising bond yields were another reason for the sell-off on Wall Street. Boeing's move comes after the aerospace manufacturer reported better-than-expected quarterly results and provided an upbeat outlook for 2018.by virtue of its share price has been the most influential among the Dow's components in recent months.

Also on investors' radar: Tuesday night's State of the Union address and a two-day meeting of the Federal Reserve's policymaking committee that wraps up Wednesday.

Yields, which rise as bond prices fall, have ticked higher in recent sessions, as investors have bet on an uptick in growth and inflation following the passage of US corporate tax cuts. But some investors speculated that the growing strength in the USA economy and labor market could prompt the central bank to perhaps forecast an extra rate increase this year.

SC Rep. Trey Gowdy announces he won't run for re-election
Gowdy is the latest, but one of the most high-profile, of a slew of Republicans to announce they would leave Congress. Trey Gowdy ( R-S.C), pictured on Capitol Hill on January 18, is chairman of the House Oversight Committee.

New Jersey GOP Rep. Frelinghuysen Will Retire, Opens Swing District
According to the UVA Center for Politics Crystal Ball , New Jersey's 11th Congressional District has now moved to a toss-up . Republicans are optimistic about holding on to the 11th District, which has long backed Republicans.

Kate Middleton Challenges Prince William to a Swedish Hockey Shoot-Out
Britain's monarchy has ridden a wave of public support in recent years due to the popularity of William , Kate and Harry. Marcus said that the couple had told them that they have Ikea furniture for their two young children's rooms.

The Fed last hiked its benchmark interest rate in December, to 1.25 percent. That compares with the 6.9 billion daily average for the past 20 trading days, according to Thomson Reuters data. Brent crude, used to price worldwide oils, dropped 44 cents, or 0.6 percent, to close at $69.02 a barrel in London. Natural gas rose 3 cents, or 0.9 percent, to $3.20 per 1,000 cubic feet.

CURRENCY: The dollar gained to 108.97 yen from 108.78 yen. The euro rose to $1.2404 from $1.2389.

Other major indexes followed the Dow.

Hong Kong, Shanghai, as well as European markets (London, Frankfurt and Paris) all fell by about 1 per cent each.

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