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S&P 500 Gains and Losses Today: CVS Falls as Health Care Costs Pressure Profits

Published: May 2, 2024

The S&P 500 fell 0.3% on Wednesday, May 1, 2024, as the Federal Reserve held interest rates steady and Chair Jerome Powell discounted the likelihood of an imminent rate hike.

Source: investopedia.com

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Jerome PowellMarket CommitteeSkyworks SolutionsSemiconductor Manufacturer Fell On Lowered GuidanceFalls On Higher Health CareFederal Open Market CommitteeFed Chair Jerome PowellHigher Health Care CostsStock DownLower Same Store SalesManufacturer FellLowered GuidanceStock SoarsProgress With Structural Shifts