Dow Jones Plunges 400 Points Amidst S&P 500 Record High; Insurance Stocks Hit Hard

• Dow Jones fell over 400 points on Tuesday, primarily due to a sharp decline in insurance stocks like UnitedHealth, which dropped 20%.
• UnitedHealth's stock plummeted after forecasting a revenue drop for 2026, its first in 30 years, wiping out $55 billion in market cap.
• S&P 500 hit a new record high of 6,988, while Nasdaq gained over 200 points, led by tech giants Apple and Microsoft.
• The US Dollar continued its decline, reaching its lowest level since February 2022, which President Trump views positively for trade.
• Weak dollar fueled rallies in Gold and Silver prices, with Gold near $5,200/ounce and Silver above $110/ounce, with Citi predicting Silver could hit $150.

Why It Matters: Dow Jones fell sharply due to insurance stock declines, while S&P 500 hit a record high, driven by tech and a weak dollar.