CNC Hits 8-Year Low, Big Banks Boost Dividends, STZ Earnings Rally
Schwab Network · Schwab Network
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Show Notes
Centene (CNC) sold off more than 30% at the opening bell after withdrawing full-year guidance. Diane King Hall talks about how the "big, beautiful bill" plays a pivotal role in that downside price action. Big banks like JPMorgan Chase (JPM), Goldman Sachs (GS) and Morgan Stanley (MS) boosted their dividends as they see rosier growth outlooks. Diane later notes an earnings mover in Constellation Brands (STZ), which missed expectations but still gained this morning.
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