Traders enactment connected the level astatine the New York Stock Exchange (NYSE) successful New York City, U.S., January 26, 2026.
Brendan McDermid | Reuters
S&P 500 futures were adjacent the flatline connected Monday nighttime aft the large averages started the engaged net week connected a affirmative note. Investors are besides waiting for the Federal Reserve's complaint decision, owed aboriginal this week.
Futures tied to the broad-market scale hovered beneath the flatline, portion Nasdaq 100 futures added 0.1%. Dow Jones Industrial Average futures mislaid 162 points, oregon 0.3%, weighed down by a astir 9% diminution successful UnitedHealth shares.
In extended trading, shares of respective big-name wellness insurers plunged aft the Centers for Medicare & Medicaid Services projected raising payments to Medicare Advantage insurers by a nett mean of conscionable 0.09% successful 2027. Shares of Humana slid 12%, portion CVS Health mislaid astir 10%. News of CMS keeping rates comparatively level adjacent twelvemonth was archetypal reported by The Wall Street Journal.
President Donald Trump besides said precocious Monday that helium would rise tariffs connected South Korean autos, pharmaceuticals and lumber from 15% to 25%. He cited a hold successful South Korea's legislature approving a commercialized woody the federation had reached with the U.S. past summer.
Stocks kicked disconnected the week strong, aided by gains successful large exertion names. The S&P 500 precocious 0.5% successful Monday's regular session, portion the Dow gained astir 314 points, oregon 0.6%. The tech-heavy Nasdaq Composite climbed 0.4% arsenic Apple, Meta Platforms and Microsoft roseate up of their net reports scheduled aboriginal this week.
More than 90 S&P 500 companies are slated to study quarterly net this week. They see "Magnificent Seven" giants Meta, Tesla and Microsoft — which are owed Wednesday. Apple volition stock its results connected Thursday.
Earnings play has been beardown truthful far, with astir 3 retired of 4 S&P 500 companies beating expectations, per FactSet.
"Top of caput is net season. We got 200 companies reporting successful the adjacent 2 weeks and truthful far, truthful good," said Adam Parker, laminitis and CEO of Trivariate Research. "I deliberation the existent contented is that the 2nd fractional of the twelvemonth estimates are mode excessively high. And truthful the question is tin we support the momentum present done April guidance? I deliberation yes."
Looming this week is the Fed's archetypal argumentation determination of the year. The cardinal slope is wide expected to support its cardinal complaint astatine a people scope of 3.5% to 3.75%, but traders volition hunt for clues connected erstwhile aboriginal cuts whitethorn come. Fed funds futures trading inactive suggests determination could beryllium 2 4th percent constituent cuts by the extremity of 2026, according to the CME FedWatch Tool.
On the economical information beforehand Tuesday, traders volition beryllium watching for the latest user assurance speechmaking and location terms data.
Companies acceptable to study quarterly results connected Tuesday see American Airlines and Boeing.
Health insurers tumble aft Trump medication proposes keeping Medicare Advantage rates level successful 2027
Shares of respective big-name wellness attraction companies plunged aft the Trump administration proposed astir level rates for Medicare Advantage insurers.
Medicare Advantage program provider Humana dropped astir 13% successful after-hours trading, while CVS Health and UnitedHealth Group lost much than 9.5% and 8.5%, respectively. Elevance Health lost astir 5.5%, while Centene and Molina Healthcare each fell astir 3%
The connection entails a nett mean outgo summation of 0.09% for Medicare Advantage plans successful 2027, according to a release from the Centers for Medicare and Medicaid Services connected Monday. That fig is importantly little than Wall Street analysts' expectations that the bureau would suggest a complaint summation of betwixt 4% to 6% for adjacent year.
The intimately watched authorities outgo complaint determines however overmuch insurers tin complaint for monthly premiums and program benefits they offer, and ultimately, their profits. The Wall Street Journal first reported about the government's complaint connection connected Monday. Read much successful CNBC here.
— Pia Singh, Annika Kim Constantino
English (US) ·