--- title: "Gold Falls Over 1%; UnitedHealth Posts Upbeat Earnings" type: "News" locale: "en" url: "https://longbridge.com/en/news/292932285.md" description: "U.S. stocks traded lower mid-week, with the Nasdaq down ~1%, Dow down 0.07%, and S&P 500 down 0.36%. UnitedHealth posted strong Q2 earnings, beating estimates and raising guidance. Conversely, Nuvve and Sobr Safe shares plummeted following poor results and warrant exercises. Commodities saw gold fall 1.3% and oil drop 0.2%. European markets declined, while Asian markets closed mixed. U.S. economic data showed retail sales up 0.2% and jobless claims falling to 208,000." datetime: "2026-07-16T16:31:04.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/292932285.md) - [en](https://longbridge.com/en/news/292932285.md) - [zh-HK](https://longbridge.com/zh-HK/news/292932285.md) --- # Gold Falls Over 1%; UnitedHealth Posts Upbeat Earnings U.S. stocks traded mostly lower midway through trading, with the Nasdaq Composite falling around 1% on Thursday. The Dow traded down 0.07% to 52,619.72 while the NASDAQ dipped 0.96% to 26,017.62. The S&P 500 also fell, dropping, 0.36% to 7,545.24. **Leading and Lagging Sectors** Health care shares jumped by 2.2% on Thursday. In trading on Thursday, information technology stocks fell by 1.3%. **Top Headline** **UnitedHealth Group Inc.** (NYSE:UNH) reported better-than-expected second-quarter results and raised its full-year 2026 earnings guidance. Adjusted earnings came in at $6.38 per share, topping the analyst consensus estimate of $4.86. Revenue increased to $112.03 billion from $111.62 billion a year earlier and exceeded Wall Street expectations of $110.83 billion. GAAP earnings were $6.04 per share. **Equities Trading UP**            - **Growhub Ltd (NASDAQ:TGHL)** shares shot up 80% to $1.46 after the company announced a $400 million merger agreement with EnChem. - Shares of **Twin Vee Powercats Co** (NASDAQ:VEEE) got a boost, surging 45% to $38.50 after the company announced a combination agreement which a USFM subsidiary. - **Agape ATP Corp (**NASDAQ:ATPC) shares were also up, gaining 40% to $3.52 following the Securities and Exchange Commission filing that disclosed a new stake held by proprietary trading firm and liquidity provider Jane Street Group LLC. **Equities Trading DOWN** - **Nuvve Holding Corp (**NASDAQ:NVVE) shares dropped 55% to $9.69 after the company announced first-quarter results. - Shares of **Sobr Safe Inc (**NASDAQ:SOBR) were down 45% to $1.14 after the company announced an exercise of warrants for $3.1 million gross proceeds. - **AST SpaceMobile Inc** (NASDAQ:ASTS) was down, falling 13% to $57.64 after the company announced the pricing of its $1.0 billion proposed public offering of Convertible Senior notes. **Commodities** In commodity news, oil traded down 0.2% to $79.46 while gold traded down 1.3% at $3,999.80. Silver traded down 2.2% to $56.175 on Thursday, while copper rose 0.3% to $6.3605. **Euro zone** European shares were lower today. The eurozone’s STOXX 600 declined 0.4%, while Spain’s IBEX 35 Index fell 0.5% London’s FTSE 100 slipped 0.3%, Germany’s DAX declined 0.9%, while France’s CAC 40 dipped 0.7%. **Asia Pacific Markets** Asian markets closed mixed on Thursday, with Japan’s Nikkei 225 dipping 2.79%, Hong Kong’s Hang Seng index rising 1.33%, China’s Shanghai Composite dipping 1.85% and India’s BSE Sensex gaining 0.002%. **Economics** - U.S. retail sales increased 0.2% month-over-month in June, compared to a revised 1% gain in May and in-line with market estimates. - The New York Fed’s services business activity index jumped 19 points to a reading of 8.7 in July. - The Philadelphia Fed manufacturing index rose to 41.4 in July from 10.3 in the previous month. - U.S. initial jobless claims fell by 8,000 to 208,000 in the week to July 11, compared to market estimates of 217,000. - U.S. natural-gas stocks rose by 41 billion cubic feet in the week ended July 10, compared to market estimates of a 43 bcf gain. _Photo via Shutterstock_ ### Related Stocks - [.IXIC.US](https://longbridge.com/en/quote/.IXIC.US.md) - [NVVEW.US](https://longbridge.com/en/quote/NVVEW.US.md) - [UNH.US](https://longbridge.com/en/quote/UNH.US.md) - [SOBR.US](https://longbridge.com/en/quote/SOBR.US.md) - [NVVE.US](https://longbridge.com/en/quote/NVVE.US.md) - [.SPX.US](https://longbridge.com/en/quote/.SPX.US.md) - [.DJI.US](https://longbridge.com/en/quote/.DJI.US.md) - [USO.US](https://longbridge.com/en/quote/USO.US.md) - [GLD.US](https://longbridge.com/en/quote/GLD.US.md) - [QQQ.US](https://longbridge.com/en/quote/QQQ.US.md) - [BNO.US](https://longbridge.com/en/quote/BNO.US.md) - [IAU.US](https://longbridge.com/en/quote/IAU.US.md) - [UGL.US](https://longbridge.com/en/quote/UGL.US.md) - [GLDW.US](https://longbridge.com/en/quote/GLDW.US.md) - [DIA.US](https://longbridge.com/en/quote/DIA.US.md) - [UCO.US](https://longbridge.com/en/quote/UCO.US.md) - [IVV.US](https://longbridge.com/en/quote/IVV.US.md) - [GOLD.AU](https://longbridge.com/en/quote/GOLD.AU.md) - [VOO.US](https://longbridge.com/en/quote/VOO.US.md) - [SGOL.US](https://longbridge.com/en/quote/SGOL.US.md) - [GLDM.US](https://longbridge.com/en/quote/GLDM.US.md) - [518850.CN](https://longbridge.com/en/quote/518850.CN.md) - [USOI.US](https://longbridge.com/en/quote/USOI.US.md) - [SCO.US](https://longbridge.com/en/quote/SCO.US.md) - [UNHG.US](https://longbridge.com/en/quote/UNHG.US.md) - [ONEQ.US](https://longbridge.com/en/quote/ONEQ.US.md) - [QQQM.US](https://longbridge.com/en/quote/QQQM.US.md) - [QQEW.US](https://longbridge.com/en/quote/QQEW.US.md) - [QQQE.US](https://longbridge.com/en/quote/QQQE.US.md) - [TQQQ.US](https://longbridge.com/en/quote/TQQQ.US.md) - [QLD.US](https://longbridge.com/en/quote/QLD.US.md) - [PSQ.US](https://longbridge.com/en/quote/PSQ.US.md) - [SQQQ.US](https://longbridge.com/en/quote/SQQQ.US.md) - [QID.US](https://longbridge.com/en/quote/QID.US.md) - [UNHU.US](https://longbridge.com/en/quote/UNHU.US.md) - [UNHW.US](https://longbridge.com/en/quote/UNHW.US.md) - [SPY.US](https://longbridge.com/en/quote/SPY.US.md) - [SPLG.US](https://longbridge.com/en/quote/SPLG.US.md) - [SPXL.US](https://longbridge.com/en/quote/SPXL.US.md) - [UPRO.US](https://longbridge.com/en/quote/UPRO.US.md) - [SSO.US](https://longbridge.com/en/quote/SSO.US.md) - [SH.US](https://longbridge.com/en/quote/SH.US.md) - [SPXS.US](https://longbridge.com/en/quote/SPXS.US.md) - [SPXU.US](https://longbridge.com/en/quote/SPXU.US.md) - [SDS.US](https://longbridge.com/en/quote/SDS.US.md) - [SPYI.US](https://longbridge.com/en/quote/SPYI.US.md) - [JEPI.US](https://longbridge.com/en/quote/JEPI.US.md) - [XYLD.US](https://longbridge.com/en/quote/XYLD.US.md) - [DDM.US](https://longbridge.com/en/quote/DDM.US.md) - [UDOW.US](https://longbridge.com/en/quote/UDOW.US.md) - [DOG.US](https://longbridge.com/en/quote/DOG.US.md) - [SDOW.US](https://longbridge.com/en/quote/SDOW.US.md) - [DXD.US](https://longbridge.com/en/quote/DXD.US.md) - [TGHL.US](https://longbridge.com/en/quote/TGHL.US.md) - [VEEE.US](https://longbridge.com/en/quote/VEEE.US.md) - [ATPC.US](https://longbridge.com/en/quote/ATPC.US.md) - [ASTS.US](https://longbridge.com/en/quote/ASTS.US.md) - [00HSI.HK](https://longbridge.com/en/quote/00HSI.HK.md) ## Related News & Research - [PRECIOUS-Gold holds ground with Middle East turmoil, US jobs data in focus](https://longbridge.com/en/news/294771926.md) - [2,499 Shares in UnitedHealth Group Incorporated $UNH Acquired by Financial Solutions Advisory Group Inc.](https://longbridge.com/en/news/294599870.md) - [LIVE MARKETS-Life after the Fed put](https://longbridge.com/en/news/294717422.md) - [PRECIOUS-Gold rises on softer oil prices; US jobs data, Fed rate outlook on tap](https://longbridge.com/en/news/294835184.md) - [REG - Golden Prospect Prec Golden Prospect-GPSS - Monthly Investor Report - June 2026](https://longbridge.com/en/news/294225126.md)