📉 Dow Drops Again as UnitedHealth Wrecks the Tape

🩺 UNH plunges 22% | Nasdaq flattens | Powell-Trade war drama keeps heating up

📊 Market Snapshot

S&P 500: 🔺 +0.13%
Dow Jones: 🔻 -1.33%
Nasdaq: 🔻 -0.13%
UNH: 🚨 -22.37% (biggest one-day drop since 1998) Gold: 🟡 Pauses rally at $3,333/oz
10Y Treasury Yield: ⬆️ Holding firm near 4.36%

🔥 What Just Happened?

The Dow took a serious gut punch today — and it’s all UnitedHealth’s fault.

🩺 $UNH cratered 22%, dragging the Dow down 450+ points after slashing its full-year profit forecast. UNH is the most heavily weighted stock in the Dow, so when it tumbles, the whole index feels it.

📉 Tech tried to bounce after yesterday’s sell-off, but gains were muted. $NVDA, $AAPL, $MSFT all slightly red.

🗣️ Trump, meanwhile, ramped up his war of words with Powell, threatening to fire him as the Fed holds off on rate cuts.

“If I want him out, he’ll be out of there real fast.” – Trump

🩺 UNH Smackdown: What Went Wrong?

🔻 UNH’s Q1 earnings missed estimates 🔻 Adjusted EPS slashed from $30 → $26–$26.50 🔻 Blamed rising Medicaid costs + outpatient services surge

CEO Andrew Witty admitted the company was "caught off guard" by the volume of claims and said they’re working to reset expectations.

🔻 $HUM fell 13% 🔻 $ELV, $CNC, $CVS also dropped 7–9%

🧬 Bright Spot: Eli Lilly Rockets 🚀

💊 $LLY soared 16% after a diabetes pill showed 7.9% weight loss in a major trial — best day for the stock since 2000.

Jefferies: “LLY may blunt pharma tariff risk thanks to US-based supply chain.”

🧠 Powell vs. Trump: Round 2

📉 Powell warned Wednesday that Trump’s tariffs are pushing the economy into a "challenging scenario."

👊 Trump responded today by calling him “Too Late Jerome” and demanding rate cuts — again. “His termination can’t come fast enough,” he posted.

🏦 Fed still signaling no immediate rate move as uncertainty over tariffs clouds the outlook.

🌐 Global Heat Map

🇹🇼 TSMC beat Q1 earnings with 60% net profit growth 🔺 🇺🇸 Netflix beat estimates and raised Q2 guidance 🔺 🇺🇸 Mortgage rates spiked to 6.83% 📈 🏠 D.R. Horton cut guidance on spring housing slowdown 📉 🌍 IMF warned Trump’s tariffs will fuel inflation globally, but stop short of recession 🚨

🧨 Market Movers

Biggest Gainers:

• $LLY +16% (pill win)

• $TSM +3% (AI chip demand)

• $NFLX +1.5% (earnings beat)

Biggest Losers:

• $UNH -22% (profit cut)

• $HUM -13%, $CNC -8%, $ELV -9%

🧠 What It Means

🛠️ The UNH mess shows how fragile the Dow’s price-weighted structure is. A $500+ stock dropping 100 points? That’s an 800-point drag all by itself.

📉 Earnings season is off to a rocky start. With Powell sidelining rate cuts and Trump’s tariffs pressuring margins, the path forward looks rough.

😬 Even bullish analysts are slashing growth forecasts. Some expect only 1% EPS growth this year.

🚀 What’s Next?

💡 Watch for sector rotation — healthcare got smoked, but pharma may have tailwinds. 📈 Netflix could lead tech higher if its momentum holds. 🌪️ Expect more Powell/Trump fireworks — and market whiplash.

🧭 Final Take

UNH just showed how fragile this market really is.

Tech’s still shaky, Powell’s in wait-and-see mode, and Trump’s tariff tantrum is far from over. Meanwhile, the IMF is warning of global ripple effects.

Get ready for more volatility — and keep an eye on gold, defensive names, and those who actually beat earnings.

💬 What Do You Think?

Will earnings disappointments + tariff chaos push us into a correction? Or is this just the churn before the next breakout?

👇 Drop your take — and tag someone who needs to see this.