Reported 2 days ago
Health insurance stocks are experiencing a downturn following UnitedHealth Group's reduction of its 2025 forecasts, leading to a nearly 19% drop in its shares. The overall health care sector of the S&P 500 fell by about 0.3%, affecting major insurers such as Humana and Elevance Health. The news also had repercussions on the Dow Jones industrial average, which saw a slight decline.
Source: YAHOO