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Stock impact report

Stock Market News for May 1, 2024 [Yahoo! Finance]

GE HealthCare Technologies Inc. (GEHC) 
Company Research Source: Yahoo! Finance
Moreover, investors were weighing the outcome of the Fed's FOMC meeting. All three major stock indexes ended in negative territory. For the month as a whole, these indexes also finished in negative zone. How Did The Benchmarks Perform? The Dow Jones Industrial Average (DJI) plunged 1.5% or 570.17 to close at 37,815.92. Notably, 28 components of the 30-stock index ended in negative territory while 2 ended in positive zone. The tech-heavy Nasdaq Composite finished at 15,657.82, plummeting 2.1% or 325.26 points due to weak performance by U.S. corporate behemoths. The major loser of the Nasdaq Composite was GE HealthCare Technologies Inc. GEHC. The stock price of this medical info systems giant tumbled 14.3%. GE HealthCare currently carries a Zacks Rank #3 (Hold). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here The S&P 500 tanked 1.6% to finish at 5,035.69. All 11 broad sectors of the broad-market index ended in negative territory. The Energy Select Show less Read more
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