Warren Buffett’s $1.6 billion bet on UnitedHealth sends the struggling insurer’s stock soaring
American stocks hang around on Friday levels, as Wall Street is heading towards the end of the week.
The S&P 500 has decreased by 0.1 % from the highest level ever in the previous day, but it is still on the right path to close its fourth week in the past five. The Dow Jones industrial average increased 86 points, or 0.2 %, as of 10:10 am, and joking with his record in December. NASDAQ fell 0.2 %, and was caused by technical stocks.
The US Securities Market recorded this week, as the expectations that were built that the Federal Reserve will provide a reduction to interest rates at its next meeting in September. Low prices can lead to an increase in investment and economy prices by making American families and companies cheaper for borrowing to buy homes, cars or equipment, but they also risk exacerbation of inflation.
He made a disappointing report on inflation at the American sentence level on Thursday that merchants have returned to the coming discounts to interest rates, but they still expect them with an overwhelming majority. This expectation has significantly sent the treasury revenues in the bond market, and they were held there after a mixed group of updates on the economy on Friday.
One of them said that shoppers have strengthened their spending on retailers in the United States last month, as economists expected, while others said that manufacturing in New York State had grown unexpectedly. A third said that industrial production throughout the country was shrinking last month, when economists were looking for modest growth.
Another report suggested that the feelings between American consumers are getting worse due to fears about inflation, when economists expect to see a slight improvement.
“In general, consumers are no longer preparing for the worst scenario of the economy that was afraid in April,” when President Trump announced his amazing group of customs tariffs around the world, according to Joan Has, the director of consumer surveys at the University of Michigan. “However, consumers still expect inflation and unemployment to deteriorate in the future.”
In Wall Street, the UNITEDHELHELTH GROUP 11.4 % Group jumped after Berkshire Hathaway of the famous investor Warren Buffett said it bought nearly 5 million shares from the insurance company during the spring, at a value of $ 1.57 billion. Buffett is famous for trying to buy good shares at reasonable prices, and half of this year by the end of July due to conflicts.
Berkchire Hathaway’s stock added 0.1 %.
At the losing end of Wall Street, materials were applied, which decreased by 11.7 % although they were reported better results for the last quarter of what analysts expected. The focus was on the company’s expectations for revenues during the current quarter.
Its products help in the manufacture of semiconductors and advanced offers, and CEO Gary Dicrson referred to “the environment of the macroeconomic and dynamic policy, creating increased uncertainty and clarity in the short term, including our Chinese business.”
Sandisk decreased by 3.7 % despite reporting a profit for the last quarter that blew up analysts. Investors instead focused on the expectations of the data storage company for profit in the current quarter, which was no less than Wall Street.
In the stock markets abroad, the Japanese Nikki 225 jumped by 1.7 % after the government said that its economy grew at a better pace than expected in the last quarter.
The stock indicators increased by 0.8 % in Shanghai, but it decreased by 1 % in Hong Kong after the data showed that the Chinese economy may have slowed in July under pressure from the uncertainty surrounding Trump’s definitions.
“Chinese economic activity has slowed through the Board of Directors in July, with retail sales, fixed assets investment, and the added value of industry growth, as all levels have reached the lowest levels of the year. After a strong start, several months of cooling momentum indicate that the economy may need more policy support,” said Economy Economy in suspending the market.
European stock indicators were mixed before a meeting later between today between Trump and Russian President Vladimir Putin, which could dictate where the war is heading in Ukraine.
In the bond market, the return on the treasury for 10 years kept 4.29 %, as it was late on Thursday. The Treasury Return has decreased for two years, which tracks expectations more closely for the Federal Reserve Bank, to 3.72 % of 3.74 %.
2025-08-15 15:57:00
