Stock Market Update
08-Apr-25 14:30 ET
S&P 500 edges up as Humana surges on Medicare boost; Albemarle sinks on tariff woes
Dow +191.44
at 38157.04,
Nasdaq -4.01
at 15599.26,
S&P +5.64
at 5067.89
[BRIEFING.COM] The S&P 500 (+0.11%) remains narrowly higher, jostling between gains and losses a bit in the last half hour.
Briefly, S&P 500 constituents Humana (HUM 277.53, +22.82, +8.96%), Carnival (CCL 17.03, +0.60, +3.65%), and General Dynamics (GD 255.55, +7.87, +3.18%) dot the top of the standings. Health insurers, including HUM, rise on Tuesday after the U.S. announced a 5.06% average increase in the government's final reimbursement rates for 2026 Medicare Advantage (MA) health plans - more than double of what was proposed in January, while CCL and GD are among some names getting a reprieve from the recent tariff-related selling.
Meanwhile, Albemarle (ALB 52.16, -5.94, -10.22%) is today's top laggard as analyst weighed tariff concerns and the impact on earnings estimates in the chemicals space.
