Why the Dow is delaying the rest of the market
A major stock quartet led by the UnitedHealth Group has been dragged into the Dow, starting a short week of holiday.
The Dow fell 65 points (0.2%) shortly after the market opened on Tuesday. Both the S&P 500 and Nasdaq composites increased by 0.1%.
UnitedHealth cut 71 points from the Dow due to a $500 North stock price. Unlike S&P, the Dow is a stock-weighted index, so companies with large stock prices have more companies than companies with larger market capitalizations but fewer stock prices.