Stocks experienced a mixed session on Thursday, with major players taking a hit. The Dow Jones Industrial Average dropped over 300 points due to disappointing earnings reports from Honeywell and International Business Machines (IBM).
The decline in these stocks was partly attributed to UnitedHealth Group’s recent statement about complying with formal requests from the U.S. Department of Justice. This move came after the company faced scrutiny over criminal and civil investigations.
Among the affected companies were:
– Tesla
– Alphabet
– IBM
– Dow Inc.
– Honeywell
– UnitedHealth
– Southwest Airlines
– American Airlines
Source: https://www.barrons.com/articles/stock-movers-d6862c0a