Bloomberg Market Wrap 2/27: S&P 500 Resistance, J.C. Penney, Health Insurers

The video discusses the S&P 500's market dynamics, focusing on the 2800 level as a key point of contention between buyers and sellers. It then shifts to JCPenney's financial challenges and strategic changes under new CEO Jill Soltau. Finally, it examines the impact of a proposed health insurance bill on major US health insurers, highlighting market reactions and analyst perspectives.

What was the market reaction to the proposed health care bill mentioned in the text?

What are the potential implications of the health care bill for private health insurers?