S&P 500 Up 0.1%, Nasdaq Slips
This is a France news story, published by Global News, that relates primarily to UnitedHealth Group news.
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Business & Economics
UnitedHealth’s stock drops over 22% for worst day since 1998. Here’s why - National | Globalnews.ca
76% Informative
The Nasdaq composite slipped 0.1% in a mostly steadier performance following its sell-off the day before .
The Dow Jones Industrial Average dropped 527 points, or 1.3% , largely because of just stock.
UnitedHealth Group lost more than a fifth of its value and fell 22.4% following a weaker-than-expected profit report.
Technology stocks held firmer after Taiwan Semiconductor Manufacturing Co. reported a profit for the latest quarter .
The yield on the 10-year Treasury rose to 4.32% from 4.29% late Wednesday .
In stock markets abroad, indexes slipped 0.6% in France and 0.5% in Germany .
The European Central Bank cut its main interest rate, something that often pushes stock prices higher.
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