Stocks tick higher, led by UnitedHealth Group, as oil prices remain relatively stable
US stocks were mixed as investors weighed corporate earnings reports and the ongoing conflict between the US and Iran. UnitedHealth Group's strong earnings and raised forecast helped lead the market higher.
US stocks were mixed on Tuesday as investors weighed corporate earnings reports and the ongoing conflict between the US and Iran. The S&P 500 fell 0.1%, while the Dow Jones Industrial Average was down 14 points. UnitedHealth Group jumped 7.7% after reporting stronger-than-expected profit and revenue, and raising its forecast for the full year. Other companies, such as Quest Diagnostics, also reported strong earnings, helping to offset losses in companies like Tractor Supply. A report showed US retailers made more money in March than expected, indicating the economy may be doing well despite the conflict. Oil prices remained relatively stable, with Brent crude rising 1.3% to $96.72.
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