The Dow is in danger of doing something it hasn't done in more than 50 years [CNN]
UnitedHealth Group Incorporated (DE) (UNH)
Last unitedhealth group incorporated (de) earnings: 4/15 05:55 am
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Source: CNN
The Dow fell about 500 points, or 1.2%, after the Federal Reserve indicated in a policy statement that it is forecasting just two interest rate cuts in 2025, not the previously projected four. The Fed now anticipates inflation will remain stubbornly above its target range for longer than it had initially expected. Just 11% of investors expect the Fed to cut rates at its January meeting, according to FactSet data. The blue-chip Dow Jones Industrial Average has fallen for nine days in a row , the first time it had a losing streak that long since February 1978, when Jimmy Carter was president. Strangely, the Dow has fallen as the broader markets have remained strong. The Dow has lost just 4.6% in its long losing streak, a relative blip. Other indexes have been at or near record highs, but fell sharply Wednesday. The S&P 500 fell 1.4% and the Nasdaq Composite index fell 1.9%. UnitedHealth Group's 15% decline this month has dragged the Dow, in particuar, lower. The insurance giant's
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UNH
News
- Luigi Mangione's federal charges reveal details from notebook [USA TODAY]USA TODAY
- UnitedHealth Group's (NYSE:UNH) Returns Have Hit A Wall [Yahoo! Finance]Yahoo! Finance
- Luigi Mangione faces federal charge that's eligible for death penalty in UnitedHealthcare CEO killing [Fortune]Fortune
- Dow Gets Sunk by Fed. It's on Its Worst Losing Streak in 50 years. [Yahoo! Finance]Yahoo! Finance
- Despite Trump’s Tough Talk On PBMs, GOP House Lets Them Off The Hook [Forbes]Forbes
UNH
Earnings
- 10/15/24 - Beat
UNH
Sec Filings
- 12/19/24 - Form 4
- 12/19/24 - Form 4
- 12/19/24 - Form 4
- UNH's page on the SEC website