"Market Turmoil: Health Care and Tesla Drive S&P 500 and Dow Down"
TL;DR Summary
The S&P 500 fell 0.7% as concerns over potential interest rate cuts grew, with health care stocks dropping after the federal government announced lower-than-expected Medicare Advantage payment rates. Meanwhile, crude oil prices rose due to supply concerns, benefiting oil and gas companies. Major U.S. equities indexes struggled amid uncertainty about the Federal Reserve's monetary policy, with the Dow and Nasdaq also experiencing declines.
Topics:business#crude-oil-prices#federal-reserve#finance#health-care-stocks#interest-rates#sandp-500
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