Nasdaq Drops while Dow Pulls ahead with Medical Insurance Gains

The healthcare industry helped Dow Jones climb by 0.86% today while the tech stocks stumbled over on the Nasdaq Composite, which was down by 0.38%.

US stocks are mixed now as Dow rises.
US stocks are very mixed today, with healthcare stocks holding onto their gains.

Medical insurance stocks continue to rise after special consideration from the Biden administration gave out more help from the government to those health insurance companies that offer Medicare Advantage plans for seniors. This helped boost the Dow Jones, even as tech companies suffered on the market and pulled the Nasdaq Composite down. The S&P 500 index, meanwhile, gained 0/54% on Tuesday.

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Tuesday Trading Flips the Script

Once the market opened for Tuesday, health insurance and tech companies traded places. Major health insurance companies like Cigna, Humana, and UnitedHealth all dropped slightly on Tuesday but retained most of their gains from the previous day, allowing the Dow to stay high.

Tech companies started to see some recovery, with Microsoft (MSFT) gaining 0.27% as the market opened. Nvidia is back in the game with a 1.43% increase, pulling out of the rut it fell into after the Biden administration issued a number of new regulations that would impact AI markets. New restrictions will make it harder for AI chip makers like Nvidia to trade as freely as they used to outside the US in the government’s attempts at limiting Chinese imports and expanding US business.

Better 4th Quarter for Some Retailers

A few major retailers in the US have adjusted their earnings estimates for the 4th quarter. These include Lululemon, American Eagle and Abercrombie & Fitch. Not all retailers are looking so rosy for their final leg of the fiscal year, with Macy’s posting lowered guidance for its 4th quarter.

Meanwhile, Walmart stock is remaining flat for now after a very busy week of trading where the stock climbed quickly and then dropped nearly as suddenly. For the 2025 year-to-date, the retailer has been climbing, and it once again looks like a safe bet for investors wanting to diversify their portfolios into the retail sector. 

 

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ABOUT THE AUTHOR See More
Timothy St. John
Timothy St. John
Financial Writer - European & US Desks
Timothy St John is a seasoned financial analyst and writer, catering to the dynamic landscapes of the US and European markets. Boasting over a decade of extensive freelance writing experience, he has made significant contributions to reputable platforms such as Yahoo!Finance, business.com: Expert Business Advice, Tips, and Resources - Business.com, and numerous others. Timothy's expertise lies in in-depth research and comprehensive coverage of stock and cryptocurrency movements, coupled with a keen understanding of the economic factors influencing currency dynamics. Timothy majored in English at East Tennessee State University, and you can find him on LinkedIn.
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