Wall Street treads water after mixed earnings; Netflix in focus
Updated : April 16, 2019 11:02 PM IST
Johnson & Johnson pared gains and was up 1.8%, while insurer UnitedHealth Group Inc reversed course to trade down 4.5%, pulling the healthcare sector 1.1% lower.
Both the Dow components beat quarterly estimates and raised their forecasts, but UnitedHealth was weighed down by concerns over the impact of a possible overhaul of the rebate system.
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