Why the Dow is in such a historic funk and how concerned you should be

Why the Dow is in such a historic funk and how concerned you should be


Key Points
  • The biggest laggard in the Dow Jones Industrial Average has been UnitedHealth, which has contributed to more than half of the decline over the past eight sessions.
  • There’s a rotation going on with investors selling out of the cyclical names in the 30-stock Dow that initially popped on Trump’s reelection.
  • There are many reasons to believe the Dow’s historic losing streak is not a source for major concern.



Source

Stocks making the biggest moves premarket: Pinterest, Lyft, Coinbase, BP, Affirm and more
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Stocks making the biggest moves premarket: Pinterest, Lyft, Coinbase, BP, Affirm and more

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Check out the companies making headlines in midday trading. AppLovin — The mobile ad tech company jumped 12% after first-quarter results that beat analyst expectations. AppLovin also announced it would sell its mobile gaming business in a $400 million deal. Carvana — Shares jumped more than 11% after the online used car marketplace posted better-than-expected […]

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