Reported 1 day ago
U.S. stocks faced a significant decline on Friday, with the Dow Jones Industrial Average dropping 748 points, primarily due to negative economic indicators, including a record low in consumer confidence and rising inflation expectations. Additionally, UnitedHealth shares fell nearly 7% following news of a Justice Department investigation into its Medicare billing practices, while the SEC's decision to drop its case against Coinbase briefly affected market sentiment.
Source: YAHOO