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S&P 500 Gains and Losses Today: Health Care Stocks Move Lower
• The S&P 500 dropped 0.7% on Tuesday, April 2, 2024, amid increasing concerns about the timing of potential interest rate cuts.
• Health care stocks tumbled after the federal government said Medicare Advantage payment rates would not rise as much as the industry had hoped.
• Supply concerns boosted crude oil prices, underpinning gains for shares of companies in the oil and gas sector.
• The S&P 500 dropped 0.7% on Tuesday, April 2, 2024, amid increasing concerns about the timing of potential interest rate cuts.
• Health care stocks tumbled after the federal government said Medicare Advantage payment rates would not rise as much as the industry had hoped.
• Supply concerns boosted crude oil prices, underpinning gains for shares of companies in the oil and gas sector.
