Dow Jones Futures Jump
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Stocks closed mostly higher on Tuesday after the release of encouraging inflation data, adding to big gains posted the previous session following a de-escalation in the trade spat between the U.S. and China.
While both the S&P 500 and Nasdaq Composite gained in early Tuesday trading, the Dow Jones Industrial Average was solidly in the negative — down by around 0.4%. The discrepancy in the indexes was due to one stock in particular: UnitedHealth Group.
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UNH created headwinds for the price-weighted Dow on news that its embattled CEO, Andrew Witty, is stepping down.
Shares of UnitedHealth are diving nearly 8% after the health insurer suspended its 2025 guidance and said Stephen J. Hemsley, currently chairman, would take over as chief executive, effective immediately.
The Dow Jones Industrial Average DJIA and the S&P 500 SPX remain ... Yet another reason why Monday's surge may be a bear-market rally was pointed out on Monday morning by Sam Stovall, chief investment strategist at CFRA. He wrote that "nearly two-thirds ...
U.K. trade news and easing chip rules lifted sentiment. Dow rose 523 pts; Boeing, Tesla, and Alphabet led tech and energy gains.
The Dow, S&P 500, and Nasdaq all rose Friday as the stock market focused on a stronger-than-expected April jobs report and China-U.S. trade hopes.
US stocks surged to close near the highs of the session on Monday after a US-China deal to temporarily slash reciprocal tariffs offered relief to markets worried about a trade war. Wall Street notched a banner day after the US and China put tariffs on pause for 90 days,