The Dow Jones Industrial Average opened lower on Friday as a selloff in shares of UnitedHealth Group weighed on the blue-chip gauge. Earlier, the Wall Street Journal reported that the Justice Departme ...
The Dow Jones Industrial Average was under pressure in late-afternoon trading, with the U.S. stock index on pace for potentially its biggest weekly loss since October. The Dow was tumbling 776 points ...
The selloff came as more than $2.7 trillion worth of options expired, an event which typically spurs heightened volatility.
Wall Street’s main indexes were set for weekly declines on Friday, as fresh data painted a weak picture for the American economy, while UnitedHealth dropped after a report that the Justice Department ...
Humana Inc. shares (HUM) slid 4.5%, CVS Health Corp.'s stock (CVS) gave up 1.7%, Centene Corp. shares (CNC) slid 1.5% and Elevance Health Inc.'s stock (ELV) was down 1.9%.
The investigation is evaluating Medicare billing protocols, the paper said. UnitedHealth shares sank after The Wall Street Journal reported that the insurer's Medicare billing protocols are under ...