Wall Street slid 1 percent on Monday, led by healthcare stocks after a federal ruling that Obamacare was unconstitutional, with the decline in the market-leading sector further unnerving investors already concerned about slowing global growth.

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President Donald Trump on Saturday hailed a court decision against Obamacare as "a great ruling for our country," while a U.S. government official said the decision by a Texas judge would have no immediate impact on health coverage.

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A federal judge in Texas on Friday ruled the Affordable Care Act, commonly known as Obamacare, was unconstitutional based on its mandate requiring that people buy health insurance, a decision in a case that could reach the U.S. Supreme Court.

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A federal appeals court on Thursday narrowed an order that had blocked President Donald Trump's administration from enforcing new rules that undermine an Obamacare requirement for employers to provide insurance that covers women's birth control.

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A U.S. appeals court on Thursday narrowed an order that had blocked President Donald Trump's administration from enforcing new rules that undermine an Obamacare requirement for employers to provide insurance that covers women's birth control.

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A U.S. appeals court on Thursday narrowed a ruling that had blocked President Donald Trump's administration from enforcing new rules that undermine an Obamacare requirement for employers to provide insurance that covers women's birth control.

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The U.S. Supreme Court on Monday rejected appeals by Louisiana and Kansas seeking to end their public funding to women's healthcare and abortion provider Planned Parenthood through the Medicaid program, with President Donald Trump's appointee Brett Kavanaugh among the justices who rebuffed the states.

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The U.S. Supreme Court on Monday rejected appeals by Louisiana and Kansas seeking to end their public funding to women's healthcare and abortion provider Planned Parenthood through the Medicaid program, with President Donald Trump's appointee Brett Kavanaugh among the justices who rebuffed the states.

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The U.S. Supreme Court on Monday dealt a setback to Louisiana and Kansas, turning away their appeals of lower court rulings that blocked their efforts to end public funding to Planned Parenthood, a national women's healthcare and abortion provider, through the Medicaid program.

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