(CNN/Money) A U.S. Supreme Court decision upholding President Obama’s health care reform law sparked a deep sell-off for U.S. stocks Thursday, as investors fear that health care costs could further cripple economic growth.
Investors are concerned that the so-called individual mandate requiring all Americans to purchase health insurance might act like an additional tax, giving consumers another reason to cut back on spending.
There are also worries that businesses will be forced to spend more on health care and in turn will spend less on bigger ticket items that power the U.S. and global economies.
