The relatively modest moves for stocks came a day after they shot higher on hopes that an encouraging report on inflation may convince the Federal Reserve to deliver more cuts to interest rates this year. Treasury yields were also more placid in the bond market following mixed economic reports on Thursday..
The selloff in UnitedHealth's stock can be blamed for Dow futures falling, while S&P 500 and Nasdaq 100 futures are rising. The health giant's stock was sinking 3.2% in recent premarket trading, after
Analyst Joanna Gajuk of Bank of America Securities maintained a Buy rating on UnitedHealth (UNH – Research Report), reducing the price target
Range Financial Group LLC acquired a new stake in shares of UnitedHealth Group Incorporated (NYSE:UNH – Free Report) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC).
Fourth-quarter net profit of Taiwan Semiconductor jumps 57%, UnitedHealth falls after revenue misses estimates, and profits at Bank of America and Morgan Stanley beat analysts’ expectations.
U.S. stocks were trading mostly higher after the opening bell on Thursday following the latest corporate earnings reports and another batch of economic data. The Nasdaq was leading stocks higher as tech stocks tried to extend Wednesday's bounce to a second day.
Major U.S. indexes were little changed at midday Thursday after Wednesday's big gains powered by strong bank earnings and a softer-than-expected inflation report.
Quarterly earnings from top lenders Morgan Stanley and Bank of America are due before markets open on Thursday. The S&P 500 banks index and the regional banks index have outperformed Wall Street's top indexes so far in January,
Fourth-quarter net profit of Taiwan Semiconductor jumps 57%, UnitedHealth falls after revenue misses estimates, and profits at Bank of America and Morgan Stanley beat analysts’ expectations.
UnitedHealth is putting pressure on the 30-stock index Thursday after the insurance giant reported a rare revenue miss. This is what you need to know.
UnitedHealth Group shares have lost more than $63 billion in value since the murder of UnitedHealth CEO Brian Thompson in early December.
CEO Andrew Witty promised that UnitedHealthcare would work to speed up turnaround times for approval of some procedures and services in Medicare Advantage plans.