UnitedHealth shares fell more than 6% on Wednesday after a report that the company made secret payments to nursing homes to reduce hospital transfers.
Read More UnitedHealth falls after report it secretly paid nursing homes to reduce hospital transfers
The tech-heavy Nasdaq led a selloff among Wall Street’s main indexes, falling over 3% to a near six-month low, on fears that a tariff war could spark an economic slowdown.
Read More Nasdaq falls over 3% to six-month low on growth concerns
Global growth will likely slow this year and major central banks across the globe have indicated interest rate cuts this year.
Read More What to expect in 2024: Forecasts for GDP, inflation and other assets
Investment banks and asset managers have wildly varying stock market and currency calls for 2024, reflecting deep division over whether the U.S. economy will enter a long-heralded recession.
Read More Market bets for 2024 thrown into chaos by US recession conundrum