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

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

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.

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..

The selloff in UnitedHealth's stock can be blamed for Dow futures falling, while S&P 500 and Nasdaq 100 futures are rising. The health giant's stock was sinking 3.2% in recent premarket trading, after

Asian markets were mixed on Friday after indexes in the U.S. on Thursday drifted lower following a mixed set of earnings reports from Morgan Stanley, UnitedHealth Group and other big companies. Japan's Nikkei 225 index (NKY:IND) lost 0.

US stock indexes are drifting following a mixed set of earnings reports from Morgan Stanley, UnitedHealth Group and other big companies.

U.S. stocks erased a modest early gain, with the S&P 500 struggling to tally a fourth-straight advance. The index was marginally lower in recent trading, although it was outperforming both the Nasdaq Composite and the Dow.

The financial sector is in focus with Bank of America (BAC), Morgan Stanley (MS), and US ... and healthcare leader UnitedHealth Group (UNH) will also release their quarterly reports.

Dow, S&P 500, and Nasdaq futures are falling in premarket trading Monday as the stock market considers a lack of Fed rate cuts in the coming year.

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.