Data: Money.net; Chart: Andrew Witherspoon/Axios

Health care stocks soared Wednesday, led by double-digit percentage gains from major health insurers Anthem, Centene, Cigna, Humana and UnitedHealth Group.

The big picture: Nothing has changed with the health care industry, which is still printing money. But Joe Biden's Super Tuesday victories reassured Wall Street of his chances of beating Bernie Sanders and "Medicare for All” — and that a Biden presidency or a Trump re-election will keep the lucrative status quo in place.

Between the lines: The political prognostications of Wall Street and its trading algorithms have been all over the board in the past year.

  • The sentiment was especially sour last April after UnitedHealth called out Sanders' Medicare for All policy during an earnings call.

The bottom line: Medicare for All faces a lot of political hurdles in Congress, but so do Biden's reforms. Any changes will face a huge battle from an industry that is both deep-pocketed and politically connected.

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Fauci says White House effort to discredit him is "bizarre"

Photo: Joshua Roberts/Getty Images

Anthony Fauci told The Atlantic on Wednesday that efforts by certain White House officials to discredit him are "bizarre" and that it "ultimately hurts the president" to undermine a top health official in the middle of a pandemic.

Driving the news: Fauci's comments come on the heels of a USA Today op-ed by White House trade adviser Peter Navarro, who claimed that Fauci has been "wrong about everything" related to the coronavirus that the two have interacted on. Fauci told The Atlantic: “I can’t explain Peter Navarro. He’s in a world by himself.”

3 hours ago - Health

Oklahoma Gov. Kevin Stitt tests positive for coronavirus

Oklahoma Gov. Kevin Stitt. Photo: Alex Wong/Getty Images)

Oklahoma Gov. Kevin Stitt (R) announced on Wednesday he has tested positive for the coronavirus and will self-isolate, Tulsa World reports.

Why it matters: The 47-year-old Stitt is believed to be the first governor in the U.S. to test positive. He attended President Trump's rally in Tulsa last month, which the county's health department director said likely contributed to a surge in cases in the region.

Updated 3 hours ago - Politics & Policy

Coronavirus dashboard

Illustration: Sarah Grillo/Axios

  1. Global: Total confirmed cases as of 2:30 p.m. ET: 13,397,167 — Total deaths: 580,388 — Total recoveries — 7,449,477Map.
  2. U.S.: Total confirmed cases as of 2:30 p.m. ET: 3,459,053 — Total deaths: 136,900 — Total recoveries: 1,049,098 — Total tested: 41,764,557Map.
  3. States: Alabama's GOP governor issues statewide mask mandate — Oklahoma Gov. Kevin Stitt tests positive.
  4. Politics: Fauci says White House effort to discredit him is "bizarre" — Trump says Navarro shouldn't have written op-ed attacking Fauci.