Stocks open lower Wednesday
U.S. stocks started Wednesday's trading session in the red.
The Dow Jones Industrial Average dropped 182 points, or 0.5%.
The S&P 500 and Nasdaq Composite declined 0.5% and 0.4%, respectively.
The Dow Jones Industrial Average dropped 182 points, or 0.5%.
The S&P 500 and Nasdaq Composite declined 0.5% and 0.4%, respectively.
UnitedHealth decline leads Dow’s losses
$UnitedHealth (UNH.US)$ shares declined more than 4% Wednesday, making it the Dow’s biggest decliner.
The stock fell on the news that the U.S. Department of Justice has launched an antitrust investigation into the company. The company has also been struggling with the fallout from a cyberattack on its subsidiary Change Healthcare’s systems last week.
$UnitedHealth (UNH.US)$ shares declined more than 4% Wednesday, making it the Dow’s biggest decliner.
The stock fell on the news that the U.S. Department of Justice has launched an antitrust investigation into the company. The company has also been struggling with the fallout from a cyberattack on its subsidiary Change Healthcare’s systems last week.
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