Reported about 14 hours ago
The Dow Jones briefly reached a record high as UnitedHealth's stock jumped 13.5% after Berkshire Hathaway increased its investment in the company. Investors are monitoring mixed economic data and anticipating a possible interest rate cut by the Federal Reserve in September. Despite the gains, concerns linger over tariff impacts on the economy, highlighted by weak consumer confidence and factory production numbers, with other stocks like Applied Materials and Intel experiencing significant fluctuations.
Source: YAHOO