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-0.000885425889853095 -0.000885425889853095 -0.000354170355941263 -1.77085177976482E-06 0 0.000177085177970569 0.000885425889852969 0.00123959624579423
Stock impact report

Wall Street Lunch: 'No Stag, No Flation' [Seeking Alpha]

CVS Health Corporation (CVS) 
Last cvs health corporation earnings: 2/12 06:45 am Check Earnings Report
US:NYSE Investor Relations: investors.cvshealth.com
Company Research Source: Seeking Alpha
Equities initially rise but end in the red as profit-takers jump in after Chairman Powell's speech. CVS Health hits a 52-week low after reporting lower-than-expected Q1 financials and cutting its full-year outlook. Listen below or on the go on Apple Podcasts and Spotify Chairman Powell still looking for a cut as next move. (0:18) Stocks lose their Fed bounce, but yields slide . (0:38) CVS hits 52-week low. (3:39) The following is an abridged transcript: Good afternoon. Today is Wednesday, May 1 and I'm your host Kim Khan. Our top story so far The Fed came with a surprise dovish playbook. The FOMC kept rates on hold as most everyone expected, but a surprise on the Fed's balance sheet reduction and Chairman Jay Powell's confidence that another hike this year is a no-go surprised traders after the hawkish data seen in April. That gave the risk-on crowd something to hold onto. A pop in equities was short-lived , though. As has been the case lately, profit-takers jumped Show less Read more
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