US stocks climbed Tuesday morning with the Dow Jones up 310 points, driven by a dip in oil prices and optimism over strong corporate earnings, notably from UnitedHealth. Despite ongoing tensions with Iran and a looming cease-fire deadline, investors remained hopeful for a peace deal. President Trump stated he would not extend the cease-fire deadline and is prepared to resume attacks if no agreement is reached. The situation remains volatile as the US Navy seized an Iranian cargo vessel amid control struggles over the Strait of Hormuz, a key oil shipping route.
Piper Sandler raised its price target for UnitedHealth Group to $475, suggesting a 13.3% upside from its current price of $419.23. The company, the largest U.S. health insurer, has consistently beaten earnings estimates, with its latest EPS of $7.23 ...
The SCHD ETF has returned just under 2% in the past month, outperforming the S&P 500 ETF (SPY) by nearly 1%. Year-to-date, about 30 SCHD holdings have more than doubled the returns of SPY, which has returned 9.8%. Additionally, 31 SCHD holdings are t...
Elevance Health and UnitedHealth Group, two of the largest U.S. health insurers, are set to report their second-quarter earnings this week. Investors and analysts are watching closely to see if these companies have maintained control over rising medi...
