Stocks showed mixed results on Friday as investors wrapped up a volatile week on Wall Street.
The S&P 500 fell 0.2%, and the Dow Jones lost 280 points (0.6%), while the Nasdaq remained unchanged. UnitedHealth’s stock dropped over 10% after reports of a Justice Department investigation, marking its worst day since March 2020.
This follows a tough session with the Dow down 450 points, the S&P 500 declining 0.4% from recent highs, and the Nasdaq down nearly 0.5%. Investors cited multiple factors for this downturn, including Walmart’s 6.5% drop, ongoing inflation worries, and falling shares of Palantir.
Source (CNBC)
