Health insurance actions call for patients today.
TerrĂ© by the decrease by the group (UNH) of Unitedhealth Group of its forecasts for 2025 – The news dropped the giant’s shares by around 19% in the first action – the group drops Thursday. (Read Investor Live coverage of today’s exchanges here.) The S&P 500 health care sector was recently less than 0.3%.
Several other large insurance companies have joined United in the list of the best declines of the S&P 500 today. Humana (Hmm) was down more than 8%, while the health of Eleveance (ELV) dropped by 5%and CVS Health (CVS) slipped 4%.
The news has also weighed on Dow industrialists, of which United is a key member. The blue chip index recently decreased by around 1%, while the S&P 500 and Nasdaq composite was slightly higher.
Nine of the 30 components of the DOW were recently inferior, but only a few – United’s – AMGEN (AMGN) and NVIDIA (NVDA) – have succeeded in more than 1%.
Certain other health stocks increased, including the pharmaceutical giant Eli Lilly (LLY), which was lifted by the news of the drug test.