Overview

• The S&P 500 slipped 0.3% to 6,449.80, falling back from the record set a day earlier, while the Nasdaq fell 0.4% to 21,622.98.
• The Dow Jones Industrial Average edged up 0.1% to 44,946.12 after a nearly 12% jump in UnitedHealth shares propelled it to an intraday peak of 45,203.52.
• UnitedHealth Group shares climbed following Berkshire Hathaway’s disclosure of a spring purchase of almost 5 million shares, marking the insurer as the session’s top gainer.
• Treasury yields climbed after data showed sharp import price increases and mixed U.S. economic reports, underscoring persistent inflation worries.
• Major indexes wrapped the week with gains—S&P up 0.9%, Dow up 1.7% and Nasdaq up 0.8%—even as Applied Materials fell on China-related concerns.