Dow Jones Rises Amid UnitedHealth CEO Tragedy

1 min read
Source: Investor's Business Daily
Dow Jones Rises Amid UnitedHealth CEO Tragedy
Photo: Investor's Business Daily
TL;DR Summary

The Dow Jones Industrial Average reached a new high, climbing 0.7% to surpass 45,000, while the S&P 500 and Nasdaq also closed at record levels, with the latter surging 1.3%. This market rally was partly fueled by remarks from Fed Chair Jerome Powell, who noted economic improvements since September. Despite the positive market trends, UnitedHealth Group's stock rose amid the tragic news of the fatal shooting of its insurance division head, Brian Thompson. Other notable stock movements included gains by Amazon, Salesforce, and Robinhood, while Toast and Box saw declines.

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