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Health-Care Rally Helps Lift Dow Over 27000

The Dow Jones Industrial Average rose, briefly crossing 27000 for the first time, as shares of UnitedHealth Group rallied after the Trump administration dropped its plan to curb drug rebates.

Health-care stocks were among the stock market’s biggest movers Thursday following the Trump administration’s decision to cancel a plan that would have curtailed billions of dollars in annual rebates worked out between drugmakers and third parties that manage benefits for Medicare as well as Medicaid managed care.

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