UnitedHealth stock surge adds 99 points to the Dow’s price

Shares of UnitedHealth Group Inc.
UNH,
+2.58%
surged 2.9% in afternoon trading Thursday, enough to pace the Dow Jones Industrial Average’s
DJIA,
-0.56%
gainers, as a raised profit outlook by fellow health care services company Humana Inc.
HUM,
+8.37%
provided a boost. UnitedHealth’s stock’s $15.01 price gain was adding about 99 points to the Dow’s price; the Dow fell 99 points, or 0.3%, but outperformed the 0.9% drop in the S&P 500
SPX,
-1.13%
and the Nasdaq Composite’s
COMP,
-1.43%
1.2% fall. Meanwhile, Humana’s stock jumped 8.2% to pace the S&P 500’s gainers, and to help support the SPDR Health Care Select Sector ETF
XLV,
+0.56%
to a 0.8% gain, after the company raised its 2022 adjusted earnings outlook to $25.00 a share from $24.75 a share.