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S&P 500 Gains and Losses Today: CVS Falls as Health Care Costs Pressure Profits
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.
Jerome powell
Market committee
Skyworks solutions
Semiconductor manufacturer fell on lowered guidance
Falls on higher health care
Federal open market committee
Fed chair jerome powell
Higher health care costs
Stock down
Lower same store sales
Manufacturer fell
Lowered guidance
Stock soars
Progress with structural shifts
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