Summary
The S&P 500 and Nasdaq rose amid optimism from US-Japan tariff talks, while the Dow fell due to a 17.2% drop in UnitedHealth’s shares after it cut its profit forecast. Early trading saw the Dow down 517.74 points, the S&P 500 up 9.48 points, and the Nasdaq up 17.33 points, with healthcare shares declining but Eli Lilly gaining 13% from positive trial results. Despite upbeat jobless claims data, market volatility remains high as traders adjust expectations for interest rates and recession probabilities, with all major indexes on track for weekly losses.
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