US STOCKS-Dow ends higher after UnitedHealth gains, other indexes...
dailymail.co.uk -- Friday, August 15, 2025, 4:27:33 PM Eastern Daylight Time
Categories: U.S.–China Relations, Economic Policy & Jobs, Trade Policy & Tariffs
UnitedHealth surges after Berkshire Hathaway investment
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Bank of America shares down on Berkshire share sale
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Applied Materials drops on weak China demand forecast
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Investors monitor Trump-Putin summit at Alaska
(Updates with close)
By Saeed Azhar, Johann M Cherian and Sanchayaita Roy
NEW YORK, Aug 15 (Reuters) - The blue-chip Dow Jones ended higher after hitting an intraday record high on Friday, as UnitedHealth's shares jumped after Berkshire Hathaway raised its stake, but other Wall Street indexes slipped as mixed data clouded the Federal Reserve's next monetary policy move.
A meeting between U.S. President Donald Trump and Russian counterpart Vladimir Putin was also on the radar, with markets hoping it could pave the way for a resolution to the Ukraine conflict and determine the outlook for crude prices. The two leaders began a meeting in Alaska on Friday afternoon.
UnitedHealth Group rose sharply after Warren Buffett's company revealed a new investment in the health insurer, while Michael Burry's Scion Asset Management also turned more bullish on the company.
Rising costs in the broader healthcare sector and about a 40% slump in UnitedHealth's shares this year have left the Dow lagging its Wall Street peers on the road to record highs. The price-weighted index last scaled an all-time high on December 4.
The healthcare sector gained on Friday, tracking its best weekly performance since October 2022.
According to preliminary data, the S&P 500 lost 18.86 points, or 0.29%, to end at 6,449.68 points, while the Nasdaq Composite lost 83.99 points, or 0.40%, to 21,626.68. The Dow Jones Industrial Average rose 43.83 points, or 0.10%, to 44,955.09.
More broadly, Wall Street's main stock indexes recorded their second week of gains, buoyed by expectations that the Fed could restart its monetary policy easing cycle with a 25-basis-point interest rate cut in September.
The central bank last lowered borrowing costs in December and said U.S. tariffs could add to price pressures. However, recent labor market weakness and signs that tariff-induced inflation was yet to reflect in headline consumer prices have made investors confident of a potential dovish move next month.
"The question is, has the tariff gotten into the price of goods yet? And it appears that there hasn't," said Joe Saluzzi, co-head of equity trading at Themis Trading.
Saluzzi also said while markets have largely priced in a September rate cut, investors might be overlooking risks, with low volatility and rich valuations pointing to a sense of complacency.
In a mixed day for economic data, a report showed retail sales in July rose as expected, but consumer confidence and factory production numbers indicated tariffs were taking a toll on other pockets of the economy.
Chicago Fed President Austan Goolsbee was also cautionary in his remarks.
Trump has said he will unveil tariffs on steel and semiconductors next week.
Among other stocks that were on the move, Applied Materials tumbled after the chip equipment maker issued weak fourth-quarter forecasts.
Shares of Bank of America dropped after Berkshire Hathaway reduced its stake in the second-biggest U.S. lender by 4.2% to 605.3 million shares. It still owns about an 8% stake in BofA.
Intel surged after a report said the Trump administration was in talks for the U.S. government to potentially take a stake in the chipmaker. (Reporting by Johann M Cherian and Sanchayaita Roy in Bengaluru and Saeed Azhar in New York; Editing by Devika Syamnath and Rod Nickel)
Sign Our PetitionThe recent fluctuations in U.S. stock markets, as highlighted in the article, reflect a complex interplay of corporate interests, economic policies, and geopolitical dynamics that reveal persistent undercurrents of inequality and injustice in our society. The surge of UnitedHealth, buoyed by Warren Buffett's investment, contrasts sharply with the struggles facing ordinary Americans in the healthcare system. This juxtaposition serves as a reminder of how financial markets often operate in a realm disconnected from the lived realities of many individuals. The recent gains in the stock market are not an unequivocal indicator of national prosperity; instead, they symbolize the widening chasm between those who benefit from capital markets and the working class that keeps the economy running.
Historically, healthcare in the United States has been a contentious issue, shaped by the influence of powerful corporations that prioritize profit over patient care. The rise of UnitedHealth's stock, especially following Berkshire Hathaway’s investment, underscores the trend of healthcare companies consolidating wealth while many Americans struggle with rising costs and inadequate access. The reality is that while market indices climb, millions remain uninsured or underinsured, facing exorbitant medical bills and limited choices. This disparity draws attention to the ongoing struggle for universal healthcare, a demand that has gained momentum in recent years, particularly among younger voters and progressive activists who recognize the need for systemic change.
Furthermore, the article mentions the potential for a dovish move by the Federal Reserve, suggesting a possible interest rate cut in response to economic indicators. While some may celebrate this as a sign of economic recovery, it is essential to interrogate whose recovery is being prioritized. The Fed's policies often reflect the interests of financial markets, potentially exacerbating inequality by favoring asset holders while neglecting the needs of working people. The implications of such monetary policies extend beyond Wall Street; they shape the economic landscape for everyday citizens, influencing job security, wage growth, and access to essential services. A critical perspective reveals that the Fed's actions may inadvertently support a status quo that entrenches economic disparities rather than alleviating them.
On the geopolitical front, the impending meeting between Trump and Putin raises questions about how international relations can impact domestic economic realities. The hope for a resolution to the Ukraine conflict and its implications for crude prices signals how interconnected our global economy is, and how decisions made in high political offices can have ripple effects on everyday lives. This context emphasizes the importance of scrutinizing foreign policy and its alignment with social justice principles. Are we allowing political leaders to prioritize economic interests over human lives, particularly in regions affected by war and conflict? The need for a foreign policy that prioritizes diplomacy and humanitarian concerns over market interests has never been more critical.
Lastly, the article touches upon the impact of tariffs on the economy, with a clear indication that they are taking a toll on consumer confidence and factory production. Tariffs are often presented as protective measures for American workers; however, they can also lead to price increases that disproportionately affect low-income families. This points to the irony of protectionist policies that claim to defend the working class while simultaneously burdening them with higher costs. The ongoing discourse surrounding tariffs and their implications necessitates a nuanced understanding of economic justice, urging us to advocate for policies that genuinely uplift workers rather than merely appease corporate interests.
In conclusion, the analysis of the recent stock market movements as outlined in the article serves as a lens through which we can examine broader socio-economic trends and their implications for justice and equity. The narrative of rising stocks amid widespread inequality challenges us to question the structures that perpetuate such disparities. Engaging in these discussions equips us with the critical tools necessary to advocate for systemic changes that address the root causes of inequality, ensuring that the economy serves the many rather than a privileged few. As we navigate these complexities, let us remain committed to a vision of economic justice that prioritizes the well-being of all, rather than the fleeting gains of financial markets.
The recent surge in the stock market, particularly the rise of UnitedHealth Group following Berkshire Hathaway's increased investment, highlights a stark contrast in the economic landscape between corporate profits and the lived experiences of everyday Americans. The stock market, often heralded as a barometer of economic health, frequently overlooks the struggles faced by working-class citizens, especially during turbulent economic times. This article reflects a broader narrative that has persisted in American economic policy: the prioritization of Wall Street over Main Street. As left-leaning individuals, we must scrutinize this disparity and advocate for policies that prioritize the welfare of all citizens, not just the wealthiest among us.
Historically, the economic policies that have taken root in the U.S. have often catered to corporate interests. The era of neoliberalism, which gained momentum in the late 20th century, has seen a deregulation of industries, tax cuts for the wealthy, and a growing chasm between the rich and poor. The stock market's recent performance, with the Dow achieving record highs, starkly contrasts with the reality of many Americans who are grappling with stagnant wages and rising living costs. This disjunction raises important questions about the true state of our economy and who truly benefits from its growth. The recent mixed economic data—signifying weaknesses in consumer confidence and factory production—exemplifies the fragility of the recovery and the need for a more holistic approach that considers the broader population.
As we look at the economic landscape, particularly with the recent report indicating the impacts of tariffs and the mixed signals from the Federal Reserve regarding monetary policy, it becomes clear that we cannot afford to be passive observers. Instead, Americans must engage in proactive discussions about the implications of such economic strategies. By bringing attention to the realities of working Americans, particularly in a climate where corporate profits swell while wage growth stagnates, we can challenge the narrative that equates stock market performance with overall economic success. This is particularly relevant as discussions around tariffs and their effects on consumer prices become central to political debates.
To mobilize action, we need to advocate for policies that ensure economic stability and equitable growth. This includes supporting increased minimum wages, universal healthcare, and robust social safety nets that can buffer against the shocks created by corporate maneuvers and international trade disputes. Initiatives like these are not only moral imperatives but also economically sensible, as they can stimulate demand and foster a healthier economy overall. Additionally, we should press for transparency around corporate practices and investment strategies, ensuring that the interests of workers are represented in corporate decision-making.
Moreover, we must engage in grassroots organizing and coalition-building that spans across various demographics and sectors. This means fostering dialogues that include voices from labor unions, community organizations, and everyday workers who can provide insight into how economic policies affect their lives. By creating a united front, we can challenge the prevailing narratives that prioritize corporate welfare over the needs of the people. We must remind policymakers that their constituents are not just numbers on a balance sheet but individuals with hopes, fears, and the right to a dignified life.
In conclusion, our response to the disparities highlighted in the stock market's performance must be both analytical and action-oriented. By understanding the historical context of our economic policies and advocating for systemic changes, we can work towards an economy that serves all Americans. Education, dialogue, and organized action are critical to reshaping our economic narrative, ensuring that prosperity is not just a privilege for the few, but the right of all. Now more than ever, it is essential for us to articulate these truths in discussions with those who may have differing views, pushing for a more inclusive and equitable future.
In light of the news article regarding the recent fluctuations in the stock market and the economic implications surrounding it, there are several actions individuals can take to promote accountability, advocate for economic justice, and support policies that benefit the broader population rather than just elite investors and corporations. Here’s a detailed list of ideas:
### Personal Actions to Take
1. **Educate Yourself and Others** - **Action**: Stay informed about economic policies, stock market trends, and healthcare issues. Share this knowledge with friends and family to raise awareness. - **Example**: Host a community discussion or book club focusing on economic inequality and healthcare access.
2. **Support Universal Healthcare Initiatives** - **Action**: Advocate for policies that aim for universal healthcare to reduce the financial burden on individuals and families. - **Example**: Support and promote the "Medicare for All" campaign.
3. **Engage with Local Representatives** - **Action**: Write letters or emails to your local representatives urging them to support legislation that addresses economic disparities and healthcare access. - **Who to Write To**: - **Senator Elizabeth Warren** - Email: warren.senate.gov/contact - Mailing Address: 2400 JFK Federal Building, 15 New Sudbury Street, Boston, MA 02203 - **Representative Alexandria Ocasio-Cortez** - Email: ocasiocortez.house.gov/contact - Mailing Address: 1238 Longworth House Office Building, Washington, DC 20515
4. **Sign and Share Petitions** - **Action**: Participate in online petitions that align with your values around healthcare reform, corporate accountability, and economic justice. - **Example**: - **Petition for Medicare for All** on platforms like MoveOn.org or Change.org. - **Petition to Address Corporate Tax Avoidance**: Search for relevant petitions that call for fair taxation of large corporations.
5. **Participate in Local Activism** - **Action**: Join local organizations that focus on economic justice, healthcare reform, and labor rights. - **Example**: Look for local chapters of groups like the National Nurses United or the Democratic Socialists of America.
6. **Attend Town Hall Meetings** - **Action**: Attend town hall meetings to voice your concerns and ask local leaders how they plan to address economic inequality and healthcare costs. - **How to Find**: Check your local government website or community bulletin boards for upcoming events.
7. **Use Social Media for Advocacy** - **Action**: Use platforms like Twitter, Facebook, and Instagram to raise awareness about economic issues, engage in discussions, and share petitions or events. - **Example**: Create posts that explain how corporate investments can impact healthcare costs and invite your network to take action.
8. **Support Local Businesses** - **Action**: Make a conscious effort to support small, local businesses rather than large corporations that prioritize shareholder profits over community welfare. - **Example**: Shop at farmers' markets, local stores, and co-ops.
9. **Demand Corporate Accountability** - **Action**: Engage with companies that are publicly traded, urging them to consider the social impact of their investments and practices. - **Example**: Write to UnitedHealth Group urging them to prioritize patient care over profit.
### What to Say
When communicating with representatives or companies, it’s important to be clear and respectful. Here’s a template you can use:
**Subject**: Support for Economic Justice and Healthcare Reform
**Dear [Name],**
I am writing to express my concern regarding the current state of economic inequality and the rising costs of healthcare in our country. As a constituent and a member of this community, I urge you to support policies such as Medicare for All to ensure that every individual has access to necessary health services without financial hardship.
Additionally, I would like to see more accountability from corporations regarding their investments and practices, particularly those that impact healthcare affordability. It is crucial that our economic policies prioritize the wellbeing of our citizens over corporate profits.
Thank you for your attention to this pressing issue. I look forward to your response.
Sincerely, [Your Name] [Your Address] [Your Email]
By taking these actions, you can play a role in advocating for a more equitable economic system that serves all individuals rather than just a select few.