๐ HCA Healthcare $HCA +5% leads defensive rotation after June jobs badly miss
Healthcare stocks are today's standout winners after June payrolls came in at just 57,000 โ less than half the 115,000 consensus estimate. HCA Healthcare climbed roughly 5% as investors rotated into defensives while the Nasdaq slid 1.4% on growth fears. A soft labor market reinforces the view that the Fed won't tighten, keeping rate-sensitive defensive sectors in favor. Is the defensive trade your midyear hedge, or are you still buying growth dips? Not financial advice.
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