Wall Street choppy as Eli Lilly jumps, UnitedHealth plummets
From Yahoo Finance: 2025-04-17 06:00:00
Wall Street ended mixed, boosted by Eli Lilly and Apple amid U.S.-Japan trade talks progress. Investors cautious over interest rates. Trump optimistic about U.S.-China trade deal. S&P 500 and Nasdaq closed with slight gains. Eli Lilly surged 14%, Apple up 1.4%. UnitedHealth plummeted 22%. Stocks volatile ahead of Good Friday.
Trump calls for Fed Chair Powell’s termination, advocates for interest rate cuts. Stocks fell after Powell warned of trade policy risks. Uncertainty around May rate cut. Data shows stable labor market but businesses hesitant due to tariffs. Weekly Wall Street decline, Alphabet shares drop 1.4%. S&P 500 records new highs and lows.
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