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Market Turmoil: UnitedHealth's Plunge Sends Dow Spiraling Amid Weekly Losses

The stock market faced another turbulent session as UnitedHealth (UNH) shares plummeted over 22% , dragging the Dow Jones Industrial Average down by more than 500 points . The Nasdaq Composite and S&P 500  struggled to find footing, with both indexes sputtering after Wednesday’s tech-led sell-off. UnitedHealth’s sharp decline followed a cut in its full-year profit forecast , making it the worst-performing Dow component of the day. The broader market also felt the weight of uncertainty surrounding trade policies and Federal Reserve decisions , as Fed Chair Jerome Powell warned of economic challenges ahead   due to tariffs. Despite a slight rebound in the S&P 500 , all three major indexes closed the week lower, with the Dow and Nasdaq falling over 2.5% and the S&P 500 down around 1.5% . Investors now turn their attention to upcoming earnings reports and economic indicators that could shape market sentiment in the coming weeks.
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Historic Market Rally: Dow Achieves Record Point Gain Following Tariff Pause Announcement

                

In a dramatic turn of events, U.S. stock markets soared to unprecedented heights after President Donald Trump announced a 90-day pause on his sweeping global tariffs. The Dow Jones Industrial Average surged nearly 3,000 points, marking the largest single-day point gain in its history. The S&P 500 and NASDAQ also experienced remarkable rallies, with gains of over 9% and 12%, respectively.

The announcement came via a Truth Social post, where Trump stated that the pause would apply to most countries, accompanied by a reduced reciprocal tariff rate of 10%. However, tariffs on Chinese imports were raised to 125%, reflecting ongoing trade tensions.

This historic market rally follows a period of volatility and investor uncertainty, with fears of a global recession looming due to escalating trade wars. The pause provided much-needed relief, signaling a temporary reprieve for businesses and investors alike.

Big Tech stocks led the charge, with companies like Nvidia, Tesla, and Apple posting double-digit gains. Analysts described the day as a "dose of relief" for the markets, highlighting the significance of the announcement in stabilizing investor sentiment.

While the pause offers a moment of optimism, the long-term implications of the trade policies remain uncertain. For now, Wall Street celebrates a day that will be remembered as a milestone in financial history.

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