Health-care companies ticked down, as traders hedged their bets on the outlook for growth in the sector.

A surge in Covid-19 cases continued to test hospitals in the U.S., with a record 148,724 people hospitalized, on average over the last seven days, even as the Omicron variant appeared to peak in some regions.

Martin Shkreli, the so-called pharma bro embroiled in a drug-pricing scandal, was banned for life from the pharmaceutical industry on Friday after a federal court found that he engaged in illegal and monopolistic behavior.


Write to Rob Curran at rob.curran@dowjones.com

(END) Dow Jones Newswires

01-14-22 1713ET