S&P 500 Hits Record High as UnitedHealth Soars, Fox Corp. Stumbles

The S&P 500 climbed 0.3% on Tuesday, September 9, 2025, buoyed by a sharp downward revision in job growth figures that tempered economic Optimism but bolstered expectations of imminent rate cuts. UnitedHealth Group led gains, surging 8.6% after forecasting strong Medicare Advantage plan ratings. Meanwhile, Fox Corp. shares declined as the Murdoch family resolved its succession dispute.

Major U.S. equity indices reached unprecedented closing levels following the Bureau of Labor Statistics' revised jobs data. While the report raised concerns about economic momentum, it strengthened the case for Federal Reserve easing at next week's policy meeting. The Dow and Nasdaq mirrored the S&P 500's ascent, both rising 0.4% to record highs.

UnitedHealth's regulatory filing projected 78% of Medicare Advantage members WOULD enroll in plans rated 4 stars or higher, signaling potential revenue growth. The healthcare sector's outperformance contrasted with media stocks' weakness as Fox Corp. grappled with leadership transition uncertainties.