Health-care companies fell after surprisingly weak earnings from one bellwether.
Shares of UnitedHealth Group shares plunged after the largest U.S. health insurer by enrollees reported a big jump in medical costs relative to revenue in the fourth quarter.
Americans are scheduling elective surgeries at a markedly increased rate following the end of the Covid-19 pandemic.
Write to Rob Curran at rob.curran@dowjones.com
(END) Dow Jones Newswires
01-12-24 1807ET