Money | Dow Jones Dow Up 116 on Massachusetts Race Investors were betting that Brown will win and dash reform legislation By Nick McMaster Posted Jan 19, 2010 3:24 PM CST Copied In this Dec. 31, 2009 file photo, snow falls outside the New York Stock Exchange in New York. (AP Photo/Henny Ray Abrams, file) Stocks rallied today, led by a surge in health care stocks, the Wall Street Journal reports. Traders were betting that Scott Brown would beat Martha Coakley in Massachusetts and damage the chances of health care reform. The Dow rose 116 points to close at 10,725. The Nasdaq added 32 points, settling at 2,320. The S&P 500 gained 14 points, closing at 1,150. "Health-care stocks are likely to rally in the event of a GOP Senate seat win given the implied higher odds that health-reform efforts are thwarted," said a Goldman Sachs analyst. "By contrast, hospital stocks might be under pressure, as these companies have been viewed as net winners under reform." Read These Next Trumps ends trade talks with Canada. Gavin Newsom has filed a massive lawsuit against Fox News. Supreme Court is a yes on age checks for porn sites. President Trump celebrates a 'giant' Supreme Court win. Report an error