Friday morning in U.S. markets kicked off with a bang: the Dow Jones index leapt to a record-setting open, climbing about 0.6% to 45,160, lifted by buzzing speculation of a Federal Reserve interest rate cut in September alongside soaring sentiment in the healthcare sector. UnitedHealth’s stock was one of the key catalysts—rallying sharply after news broke that Berkshire Hathaway had upped its investment, sending ripples of renewed confidence across the index.
Investor sentiment was further buoyed by signs of cooling inflation and a labor market that showed no red flags, feeding into the growing narrative that the Fed may pivot to accommodative policy. However, the Nasdaq took a softer tone, dragged by pressure in semiconductor names, which weighed slightly on overall tech-heavy momentum.
For many market watchers, the day’s open framed a compelling story: a tug-of-war between dovish central bank expectations versus sector-specific shifts—like the healthcare lift from Berkshire’s move—reshaping the market landscape.
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