US stocks slip as drugmakers pull health care companies down
NEW YORK — Major U.S. stock indexes are slipping Friday as investors take a pause following a steady climb since last week’s presidential election. Drugmakers and other health care companies are taking the largest losses. Retailers Gap and Abercrombie & Fitch are dropping after they gave weak quarterly reports. Bond yields are rising further and the dollar continues to climb.
KEEPING SCORE: The Dow Jones industrial average slid 29 points, or 0.2 percent, to 18,874 as of 2:25 p.m.