Key Takeaways Major U.S. indexes were little changed at midday Thursday after Wednesday's big gains powered by strong bank earnings and a softer-than-expected inflation report.Morgan Stanley shares gained after the financial firm topped earnings and revenue estimates.

But high medical costs contributed to results that disappointed Wall Street, and the company’s stock fell on the news that it had made less than analysts expected.

U.S. stock indexes drifted lower following a mixed set of earnings reports from Morgan Stanley, UnitedHealth Group and other big companies

Erin Wright, an analyst from Morgan Stanley, maintained the Buy rating on UnitedHealth (UNH – Research Report). The associated price target

NEW YORK — U.S. stock indexes drifted lower Thursday following a mixed set of earnings reports from Morgan Stanley, UnitedHealth Group and other big companies.

The relatively modest moves for stocks came a day after they shot higher on hopes that an encouraging report on inflation may convince the Federal Reserve to deliver more cuts to interest rates this year. Treasury yields were also more placid in the bond market following mixed economic reports on Thursday..

NEW YORK (AP) — U.S. stock indexes drifted lower Thursday following a mixed set of earnings reports from Morgan Stanley, UnitedHealth Group and other big companies. The S&P 500 slipped 0.2% ...

Shares were mostly lower in Asia on Friday after China reported that its economy grew at a 5% annual pace last year, hitting the government’s target but slowing from the year

Wall Street stocks finished lower Thursday following a meandering session, as the market gave back some of the gains from the previous session. Major indices spent part of the day in positive territory but were unable to extend Wednesday’s rally following consumer pricing data that reassured investors about the inflation outlook.

UnitedHealth Group (UNH) held its first earnings call since the shooting of its insurance executive last month. UnitedHealthcare CEO Brian Thompson was killed outside of an investor day meeting in New York City on Dec.

UnitedHealth shares have been pressured recently, falling about 10% since Dec. 4, when Thompson was killed. That outpaces the 3% drop in the S&P 500 index over that span and signals some investor jitters about the future of the business.

Overall, analysts tracked by FactSet expect UnitedHealth to post $101.6 billion in revenue, up from $94.4 billion a year prior. Analysts also model $6.73 in adjusted earnings per share, up from $6.16 a year earlier.