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Kiplinger

Business

Karee Venema

Stock Market Today: Dow Sinks 396 Points as UnitedHealth Spirals

GE UnitedHealth Medicare Advantage Medicare Tesla Inc. GE Aerospace GE Vernova UNH

UnitedHealthcare sign outside of headquarters in Minnesota.

Stocks sold off sharply in Tuesday's risk-off session. Signs of a resilient labor market created headwinds early on, while weakness in several Magnificent 7 stocks sparked more selling pressure.

One bright spot early on was General Electric, now called GE Aerospace (GE), which completed its highly anticipated spinoff of GE Vernova (GEV), though enthusiasm faded amid broad-market headwinds.

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