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Dow tumbles 400 points as consumer sentiment falls

#YahooFinance #recession #bitcoin #Biden #Stockmarket #coronavirus #memestocks #Fed #YahooFinance #investing #stockmarket #crypto To get the latest market news check out finance.yahoo.com All three major indexes fell into the red Friday, with the Dow Jones Industrial Average (^DJI) falling more than 400 points. UnitedHealth (UNH) shares dragged the Dow lower Friday afternoon. The healthcare company tumbled 8% in afternoon trading after a report said the Department of Justice is probing its Medicare billing practices. Consumer sentiment also took a hit this month as Americans anticipate tariff-induced price hikes. The University of Michigan’s consumer sentiment index tumbled to 64.7 at the end of February, below January’s 71.7, according to data published Friday. Consumers also expressed a worsened outlook for inflation in the year ahead. The S&P 500 (^GSPC) shed 0.5% while the tech-heavy Nasdaq Composite (^IXIC) lost 0.7%, reversing earlier gains. The benchmark S&P 500 and Nasdaq are on track for weekly wins, while the Dow is staring at a loss. #youtube #stocks #investing

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