Stock Market Update
16-Jul-24 10:35 ET
Dow moves further into record territory, powered by gain in UNH
Dow +553.25
at 40764.97,
Nasdaq -53.65
at 18418.92,
S&P +13.01
at 5644.23
[BRIEFING.COM] The Dow Jones Industrial Average continues to climb in record territory, trading 1.3% higher.
The largest component in the price-weighted DJIA is UnitedHealth (UNH 543.83, +28.46, +5.5%), which sports a 5.5% gain after reporting better than expected earnings.
26 of the 30 Dow components are higher while Microsoft (MSFT 448.13, -5.91, -1.3%) shows the largest decline among the four components trading lower.
