"Dow's Volatile Week: UnitedHealth Stock Drives 300-Point Fall Ahead of March Jobs Report"

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Source: Yahoo Finance
"Dow's Volatile Week: UnitedHealth Stock Drives 300-Point Fall Ahead of March Jobs Report"
Photo: Yahoo Finance
TL;DR Summary

Stocks dipped as concerns over inflation and interest rate cuts persisted, with the Dow falling 0.7% and the S&P 500 dropping 0.4%. Oil prices spiked amid Middle East tensions, while Levi Strauss shares surged 14% after raising its earnings forecast. Homeowners are holding back on purchasing new homes due to high mortgage rates, and a potential $35 billion offer from Alphabet for HubSpot caused its shares to rise. Disney CEO Bob Iger emphasized succession planning as the board's top priority, and a report suggested that a surging stock market could boost consumer spending by $700 billion.

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