Stocks zigzag on Wall Street following mixed profit reports from UnitedHealth, GM and others
AI Summary
On Tuesday, January 26, 2026, Wall Street experienced a day of fluctuating stocks driven by mixed profit reports from major companies. The S&P 500 edged upward, potentially nearing a record high, while the Dow Jones Industrial Average declined. UnitedHealth Group's stock plummeted due to a disappointing revenue forecast and Medicare Advantage rate concerns, impacting other healthcare companies like Humana and CVS Health. Offsetting these losses were gains from Corning, boosted by a deal with Meta Platforms, and positive earnings reports from General Motors and HCA Healthcare, both announcing stock buyback programs. Other companies like UPS saw gains, while American Airlines experienced losses due to lower-than-expected profits.
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