Today marks the beginning of earnings season, with various major companies reporting. UnitedHealth's significant drop underscores the importance of earnings to market stability.
UnitedHealth projected adjusted profits for 2025 at $30 per share, falling short of expectations, significantly impacting its stock price and the Dow's performance.
The Dow Jones is particularly affected by UnitedHealth’s decline, being a heavily weighted component. Its almost 10% loss is a key reason for today’s underperformance.
Despite UnitedHealth's struggles, Apple’s stock is rising thanks to positive demand forecasts for its new iPhone, indicating divergence in industry performance shifts.
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