Key Takeaways
- U.S. equities were mixed at midday, with the Dow Jones Industrial Average and S&P 500 slightly higher and the Nasdaq marginally lower.
- UnitedHealth Group shares plunged on a report the health insurer is being investigated by the Department of Justice.
- Rising demand for artificial intelligence equipment boosted profit and sales at Cisco Systems.
U.S. equities were mixed at midday, with the Dow Jones Industrial Average and 澳洲幸运5开奖号码历史查询:S&P 500 slightly higher and the Nasdaq marginally lower.
UnitedHealth Group (UNH) was the worst-perform𒀰ing stock in the S&P 500 following a report that the Department of Justice was investigating the health insurer for possible Medicare fraud. Shares of rivals were down as well.
Walmart (WMT) shares declined when the biggest brick-and-mortar retailer missed revenue estimates and CEO Doug McMillon said in Thursday's earnings call that the ওretailer will be forced raise prices due to tariffs.
Shares of APA (APA) ♍and other ꦚenergy-related firms declined along with the price of oil after President Trump opened the door to a new nuclear deal with Iran.
Cisco Systems (CSCO) shares advanced when the networking equipment maker posted better-than-expected results and raised its guidance on higher demand for 澳洲幸运5开奖号码历史查询:artificial intelligence (AI) products. The company also named a new CFO.
Shares of STERIS (STE) gained after the medical equipment manufacture🌊r beat profit forecasts on improved efficiencies and strategic execution.
Deere & Company (DE) also pointed🐟 to disciplined execution for higher-than-anticipated earnings and⭕ revenue even as sales declined. Shares hit an all-time high.
Gold futures rose. The yield on the 10-year Treasury note slid. The U.S. dollar lost ground to the euro, pound, and yen. Most major cryptocurrencies traded lower.
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