The relatively modest moves for stocks came a day after they shot higher on hopes that an encouraging report on inflation may convince the Federal Reserve to deliver more cuts to interest rates this year. Treasury yields were also more placid in the bond market following mixed economic reports on Thursday..

The selloff in UnitedHealth's stock can be blamed for Dow futures falling, while S&P 500 and Nasdaq 100 futures are rising. The health giant's stock was sinking 3.2% in recent premarket trading, after

Analyst Joanna Gajuk of Bank of America Securities maintained a Buy rating on UnitedHealth (UNH – Research Report), reducing the price target

Daily Bank of America Corp. Banks were a key driver ... The Dow underperformed as UnitedHealth Group, a key component of the index, fell over 4% following its mixed earnings report.

Bank of America brought in more than $100 million in revenue in 2024, driven by higher fees. Its shares were effectively unchanged in premarket trading. UnitedHealth Group tumbled 3.7% after the health insurance giant's revenue fell short of Wall Street ...

Fourth-quarter net profit of Taiwan Semiconductor jumps 57%, UnitedHealth falls after revenue misses estimates, and profits at Bank of America and Morgan Stanley beat analysts’ expectations.

UnitedHealth Group's top executive said the company's ... less complex and less costly." "America faces the same fundamental health care dynamic as the rest of the world," Witty said.

U.S. stocks were trading mostly higher after the opening bell on Thursday following the latest corporate earnings reports and another batch of economic data. The Nasdaq was leading stocks higher as tech stocks tried to extend Wednesday's bounce to a second day.

The updated tally extends the scope beyond what was previously described by company Chief Executive Andrew Witty.

UnitedHealth has revealed that 190 million Americans had their personal and healthcare data stolen in the Change Healthcare ransomware attack, nearly doubling the previously disclosed figure.

The financial fallout has been severe. Profits for the company dropped by over a third in 2024, falling from around $22.3 billion in 2023 to approximately $14.4 billion last year. The projected total cost of recovery and remediation efforts is estimated to be between $2.3 billion and $2.5 billion.

The cyberattack at UnitedHealth Group exposed personal information of 190 million people, leading to a $22 million ransom payment in bitcoin.