Stock Markets Split as Dow Jones (DJIA) Hit by HealthCare Shock, NASDAQ Surges

U.S. markets ended mixed as softer-than-expected inflation data lifted tech stocks, while a steep plunge in UnitedHealth shares dragged DJIA

Dow Jones reversed lower after yesterday's bullish breakout

Quick overview

  • U.S. markets ended mixed, with tech stocks rising on softer-than-expected inflation data, while the Dow fell due to a significant drop in UnitedHealth shares.
  • The latest Consumer Price Index report showed inflation rising by 0.2%, below expectations, boosting hopes for potential easing of monetary policy by the Federal Reserve.
  • The NASDAQ Composite gained 1.61%, nearing its year-end 2024 closing level, while the S&P 500 rose 0.72%, marking a positive year-to-date gain.
  • UnitedHealth's shares plunged nearly 18% after CEO Andrew Witty's resignation and the suspension of 2025 earnings guidance, dragging the Dow down by approximately 400 points.

Live DOW Chart

DOW
0.0000
MARKETS TREND
TRADE DOW

U.S. markets ended mixed as softer-than-expected inflation data lifted tech stocks, while a steep plunge in UnitedHealth shares dragged down the Dow.

ABOUT THE AUTHOR See More
Skerdian Meta
Lead Analyst
Skerdian Meta Lead Analyst. Skerdian is a professional Forex trader and a market analyst. He has been actively engaged in market analysis for the past 11 years. Before becoming our head analyst, Skerdian served as a trader and market analyst in Saxo Bank's local branch, Aksioner. Skerdian specialized in experimenting with developing models and hands-on trading. Skerdian has a masters degree in finance and investment.

Related Articles

HFM

Doo Prime

XM

Best Forex Brokers