Dow Tanks 900 Points: Wobbles Toward Longest Losing Streak Since 1974 [Forbes]
UnitedHealth Group Incorporated (DE) (UNH)
Last unitedhealth group incorporated (de) earnings: 4/15 05:55 am
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Source: Forbes
by a sharp broader selloff tied to a hawkish update from the Federal Reserve regarding further interest rate cuts. A trader works on the New York Stock Exchange floor on Wednesday. Getty Images Key Facts The Dow tumbled more than 900 points, or more than 2%, by late afternoon, reversing what was a 150-point gain prior to the Fed's 2 p.m. announcement it agreed to lower interest rates by 25 basis points as expected but it forecasts just two more 25 basis-point cuts in 2025, a decrease from the four projected last quarter. If the losses hold, it will be the Dow's 11th-straight trading session in the red, the longest losing streak since And Wednesday is on track to be the Dow's steepest point drop since September 2022. The selloff extended across financial markets as investors reacted sourly to the prospect of more restrictive monetary policy, which weighs on corporate profit margins as borrowing costs grow pricier. The S&P 500 and tech-heavy Nasdaq stock indexes declined
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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