Markets

Trump Makes Healthcare a Priority, Insurance Stocks Surge

UnitedHealth (NYSE:UNH) is one of nine stocks on the Dow Jones Industrial Average hitting an all-time high Wednesday, in the wake of President Trump’s first address to Congress where he provided an outline of what he expects to guide the GOP as it begins to coalesce around a healthcare replacement bill.

U.S. Inflation Closest to Fed's 2% Target Since 2012

U.S. inflation is closing in on the Federal Reserve's long-elusive 2% annual target, the latest evidence of firming price pressures that could bolster the case for the U.S. central bank to raise short-term interest rates as soon as this month.

Japan's Nikkei Advances to 2-Week High

Japanese stocks rose on Wednesday to two-week highs as investors covered positions with the focus shifting to U.S. monetary policy after President Donald Trump's speech to Congress offered no details or surprises on the policy front.