US STOCKS-S&P 500 marks closing record as corporate earnings roll in; Medicare rates hit insurers
The S&P 500 reached a record closing high, gaining 0.41%, while the Dow fell 0.83% due to a significant drop in health insurer stocks following a Medicare proposal. General Motors shares rose 8.7% after strong earnings, while technology stocks also performed well. Despite a decline in U.S. consumer confidence, the market remained stable, buoyed by expectations of upcoming earnings reports from major companies. Investors are awaiting the Federal Reserve's policy announcement, with a focus on interest rates and economic guidance.
