Reported 2 days ago
The Dow Jones Industrial Average is experiencing a significant divergence from the S&P 500, driven by a sharp 18% drop in UnitedHealth Group Inc. following its disappointing earnings report and lowered outlook. This has led to the Dow dropping 1.2% while the S&P 500 gained 0.6%. Such a divergence, where the Dow falls while the S&P rises, is exceedingly rare, with the last occurrence being in 1954.
Source: YAHOO