In This Article:
Market Domination co-host Julie Hyman tracks today's top moving stocks and biggest market stories, including the S&P 500 (^GSPC) being on pace to turn positive in 2025, erasing previous losses.
UnitedHealth Group (UNH) drags the Dow Jones Industrial (^DJI) as the stock falls after the health insurer suspended its 2025 forecast and its CEO suddenly stepped down.
Meanwhile, FedEx (FDX) and Amazon (AMZN) strike a deal on large package deliveries, marking a shift after years of competition.
Chevron (CVX) gets downgraded by HSBC from Buy to Hold over slowing stock buybacks.
Stay up to date on the latest market action, minute-by-minute, with Yahoo Finance's Market Minute.
It's time for Yahoo! Finance's market minute. U.S. stocks mixed as Wall Street digests a fresh batch of inflation data and continued euphoria over the U.S.-China trade truce. The S&P 500 turning positive for the year. It's on pace then to erase those year-to-date losses. The Nasdaq getting a lift as Nvidia leads tech higher. The chipmaker is poised to rejoin the $3 trillion club in terms of its market cap. However, United Health is weighing down the Dow after the company suspended its 2025 forecast, just weeks after cutting its outlook. FedEx and Amazon inking a new deal, Amazon adding FedEx as a partner to deliver select large packages. That deal follows the announcement earlier this year by UPS to reduce the number of packages that it delivers for Amazon. And Chevron hit with a downgrade at HSBC, the firm reducing its rating on the stock from buy to hold, citing the company's reduced buybacks with first quarter results. And that's your Yahoo! Finance market minute. For more on what's trending, scan the QR