UnitedHealth is pushing the Dow toward a never-before-seen disconnect with the S&P 500. What it means for the stock market. - MarketWatch
1. UnitedHealth saw a 23% drop, dragging down the DJIA significantly. 2. DJIA fell over 1% as the S&P 500 gained, a rare divergence. 3. This marks the Dow's largest underperformance since November 2022. 4. UnitedHealth’s drop impacted the Dow more due to its price-weighting. 5. The DJIA is down 7.7% this year, underperforming compared to S&P 500.