Behind UNH's Best Day in a Decade

All three indexes bounced back with wins of 3.5% or more

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Market Recap
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3/04/2020

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Dow Soars as Healthcare Stocks Cheer Political Tailwinds

By Patrick Martin
Share On

The Dow roared back to life today for an 1,173-point win that erased yesterday's sell-off. The blue-chip index took its cues from the political arena today, after former Vice President Joe Biden surged ahead of Senator Bernie Sanders in the wake of a resoundingly successful Super Tuesday. Wall Street also got a late-afternoon boost after Congress passed over $8 billion in emergency funding for coronavirus relief. The S&P 500 and Nasdaq both finished with big gains as well, and all three benchmarks logged wins of 3.5% or more. Investors also cheered upbeat economic data, helping overshadow, at least for a day, the first reported coronavirus death in California. 

Continue reading for more on today's market, including:

  • UnitedHealth stock was the big winner on the Dow today.
  • Kroger stock nears fresh highs ahead of earnings.
  • Plus, a struggling weed stock finds life; behind Dollar Tree's dismal earnings; and Chipotle picks up rare upgrade. 
>> Continue reading...
LATEST HEADLINES
>> Kroger Stock Picks Up Steam Ahead of Earnings
Kroger is expected to reveal its fourth-quarter report before the open tomorrow
>> Stocks Boosted by Super Tuesday, Economic Data
Upbeat jobs and manufacturing data are powering Wall Street today too
>> CRON Stock Higher on Analyst Note
MKM Partners is dismissing concerns over Cronos' delayed earnings report
>> Chipotle Stock Breaks Out of Sell-Off Shell
Wells Fargo upgraded Chipotle to "overweight" from "equal weight"
>> UnitedHealth Stock Rallies After Biden's Big Win
UNH has almost caught up to its year-to-date breakeven point now
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