The healthcare sector, proxied by the XLV ETF, is trading significantly higher in the pre-market session, moving in concert with a broad rally in U.S. stock futures. [1, 2, 3] This market-wide optimism follows election results where the Democratic party gained control of both the House and Senate. [4, 5] While there is also positive company-specific news, such as CVS Health's plan to split and its earnings beat, the primary driver appears to be a macro response to the election outcome, which is lifting most sectors. [9, 10]