U.S. equities experienced a mixed performance at midday, with retail sales showing strong consumer spending. While the Dow slightly rose, the S&P 500 and Nasdaq fell, driven by varying performances from major stocks including UnitedHealth and Salesforce.
UnitedHealth Group's shares plummeted 23% in midday trading following a rare earnings miss, erasing nearly $120 billion in market value due to unexpected medical costs and higher care utilization.
