One Stock Is Behind the Dow's Steep Drop Tuesday. Here's Why—and Which Stock
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The Dow Jones Industrial Average was down nearly 1% on Tuesday afternoon, dragged down by slumping UnitedHealth Group stock.
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UnitedHealth, one of the priciest stocks in the blue-chip Dow, tumbled nearly 20% Tuesday after reporting disappointing earnings.
The Dow Jones Industrial Average is missing out on a rally today thanks in large part to one very influential stock.
Read MoreParalyzing winter storms put a big chill on the US economy, but how much?
HOUSTON (AP) — The deadly and widespread winter storm paralyzing much of the American East with ice, snow and cold is also taking a multi-billion dollar bite out of the U.S. economy, experts figure.
But how much? Economists and meteorologists are trying to get a handle on the disruption costs of winter weather disasters,
» Read more about: Paralyzing winter storms put a big chill on the US economy, but how much? »
Read MoreThe S&P 500 Is Beating the Dow by Its Biggest Margin Since April
The Dow hasn’t underperformed the S&P 500 this badly since April of last year.
The blue-chip index was down 450 points, or 0.9%, while the S&P 500 was up nearly 0.5%. The Dow’s underperformance is the largest in a single day since April 17, according to Dow Jones Market Data.
» Read more about: The S&P 500 Is Beating the Dow by Its Biggest Margin Since April »
Read MoreInvesco’s 276% ETF Flips Normal S&P 500 Rules And Still Wins Big | PRF, VOO
When market volatility sends speculative stocks on wild rides and mega-cap tech names dominate headlines, some investors look for a different approach: fundamental indexing. Invesco RAFI US 1000 ETF (NYSEARCA:PRF) offers exposure to U.S. large-cap stocks weighted not by market capitalization, but by fundamental metrics like sales,
» Read more about: Invesco’s 276% ETF Flips Normal S&P 500 Rules And Still Wins Big | PRF, VOO »
Read MoreTrump names former Federal Reserve official Warsh as the next Fed chair to replace Powell
WASHINGTON (AP) — President Donald Trump said Friday that he will nominate former Federal Reserve official Kevin Warsh to be the next chair of the Fed, a decision likely to result in sharp changes to the powerful agency that could bring it closer to the White House.
Read MoreThe Burst
Is Michael Saylor’s Bet Crazy: Bull vs Bear
Microstrategy (NASDAQ:MSTR) and its CEO Michael Saylor are in large part confounding valuation experts worldwide.
The traditional method of valuing a company goes something like this. Analyze the cash flows a company will produce over its lifetime, discount them back to present day, sum them up and arrive at a fair market valuation for the company.
» Read more about: Is Michael Saylor’s Bet Crazy: Bull vs Bear »
Read MoreThe Ivy
Why Verizon Might Be The Safest Dividend Stock
These are jittery times for investors as trade tensions and talk of a looming recession have stirred up anxiety in the markets. It’s no surprise now to see companies tighten their belts, consumers cut spending, and dividends end up on the chopping block.
But not every company is going to take a hatchet to its dividend and Verizon stands firmly in this category.
» Read more about: Why Verizon Might Be The Safest Dividend Stock »
Read MoreThe Spotlight
Spotlight: Will Tesla Make You Rich?
Yet another year has gone by where Tesla has absolutely crushed the market. Despite each year starting out with naysayers predicting doom for Musk’s car manufacturer, the performance again has been market-beating.
In fact, Tesla has outperformed the general stock market by about 6x this year, a jaw-dropping result considering all the bearish prognostications at the start of the year following a dismal 2022.