Friday Marks Fresh Records for S&P 500 | Wall Street Today

Just past 4 pm ET, the $S&P 500 Index (.SPX.US)$ climbed 0.25%, the $Dow Jones Industrial Average (.DJI.US)$ fell 0.28%, and the $Nasdaq Composite Index (.IXIC.US)$ climbed 0.81%.

Within industries tracked by moomoo, crypto firms finally showed positivity behind the push to 100k that investors had expected. $Bitcoin (BTC.CC)$ was climbing 2%, leading a 2% jump in crypto firms as a whole, tracked by moomoo. Smaller crypto stocks led the way but $Bitdeer Technologies (BTDR.US)$ rose especially high, despite a release from the firm Wednesday that it mined just 150 BTC in November compared to 403 BTC in November 2023.

$Crude Oil Futures(FEB5) (CLmain.US)$ fell. Gold climbed, $U.S. 2-Year Treasury Notes Yield (US2Y.BD)$ and the $U.S. 10-Year Treasury Notes Yield (US10Y.BD)$ both fell.

$Lululemon Athletica (LULU.US)$ climbed 15%, the highest on the S&P after its Thursday night earnings came in high, and raised its forward guidance for its full-year revenue. It pulled in an extra $100M in revenue for the third quarter this year compared to last year.

$Ulta Beauty (ULTA.US)$ continued to climb after its earnings also came in high: $5.14 per share, more than 13% over estimates. It was the number two stock ranked by percentage climb on the S&P. It grew 8.99%.

$UnitedHealth (UNH.US)$ continued to fall 5%, leading the lowest percentage decliners on the Dow after losing 5% Thursday in the wake of the assassination of the CEO of its insurance segment. According to a lawsuit filed against the firm, the Chief overlooked a segment that allegedly used an AI that helped deny claims, which, according to a lawsuit filed in Minnesota, had an alleged 90% error rate- helping the largest healthcare insurer in America with its deny rate of 32% according to data from Lending Trees Value Penguin. The industry standard, based on the same data, is closer to 16%.

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