Global Markets Today While US Was Sleeping
Portfolio Pulse from Akanksha Bakshi
On Friday, July 14, Wall Street ended mixed with bank and financial shares slipping post quarterly reports. UnitedHealth Group Inc (NYSE:UNH) shares soared 7.24% after reporting 2Q23 sales of $92.9 billion, up almost 16% YoY, beating the consensus of $91 billion. Asian and European markets were mostly down, with China's GDP lower than expected. US futures were mixed, and the US Dollar Index was down 0.08%.
July 17, 2023 | 9:48 am
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UnitedHealth Group Inc (NYSE:UNH) shares soared 7.24% after reporting 2Q23 sales of $92.9 billion, up almost 16% YoY, beating the consensus of $91 billion.
UnitedHealth Group Inc's shares rose significantly after the company reported better than expected 2Q23 sales. This positive earnings report is likely to have a positive impact on the company's stock in the short term.
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