President Trump's executive order on Obamacare has already had a business impact: Stocks of publicly traded hospital and health insurance companies traded down once the markets opened Monday.
Although the executive order didn't alter any laws and mostly renewed the well-known animosity Republicans have for Obamacare, investors were spooked at the prospect of important provisions getting tossed out in a repeal. The order specifically called on federal agencies to ease any regulations viewed as harmful, such as the individual mandate.
