Dow Hits Intraday Record, Boosted by UnitedHealth
Digest more
2d
Investor's Business Daily on MSNDow Jones Futures Rise On Warren Buffett Buys, These Chip Losers; Amazon Offsets Hot Inflation
Dow Jones futures rose overnight, while S&P 500 futures were flat and Nasdaq futures fell slightly. Applied MaterialsAMAT and SandiskSNDK tumbled Thursday night on guidance.Warren Buffett's Berkshire Hathaway disclosed new positions in NucorNUE and Dow giant UnitedHealthUNH,
The Dow Jones Industrial Average on Friday was set for its first record close of the year, riding a wave of recent market optimism and seeing a brief upward push from someone who hardly needs an introduction: Warren Buffett.
A vote of confidence by Warren Buffett’s Berkshire Hathaway delivered the Dow laggard its best day since 2020.
UnitedHealth shares clocked the largest one-day percent increase since March 2020, as tracked by Dow Jones Market Data Group. It was on pace for the best day in 17 years before giving back some of those gains. For the week, shares rose over 21%, the best week since May 2009. Still, the stock is down more than 50% over the past 12 months.
The Dow Jones Industrial Average opened at its highest levels on record on Friday after Warren Buffett’s Berkshire Hathaway disclosed a stake in one of its key stocks. The Dow was up 263 points, or 0.
Value-hunters with big stakes in a particular component kept one of the main U.S. equity indexes in positive territory.
Dow futures are getting a Warren Buffett boost this morning, while S&P 500 and Nasdaq-100 futures are more quiet
Shares of UnitedHealth Group surged nearly 14% on Friday after billionaire Warren Buffett's Berkshire Hathaway bought 5 million shares of the company, providing a shot in the arm for investors who think the health conglomerate will turn around under its new CEO.
Berkshire Hathaway, the conglomerate run by legendary investor and soon-to-be-departing CEO Warren Buffett, on Saturday reported that it had recorded a nearly $5 billion second-quarter write-down of Kraft Heinz shares.