S&P 500 marks closing record as corporate earnings roll in; Medicare rates hit insurers
Published on: Jan. 28, 2026, 7:21 a.m. | Source: The Economic Times
The S&P 500 edged to a record close, buoyed by tech gains and strong GM earnings, despite a significant drop in health insurer stocks following a Medicare payment proposal. Investor optimism for upcoming megacap earnings was tempered by mixed results and a sharp decline in healthcare shares.
