Markets Wary Ahead of Fed Meeting as Bond Yields Rise

Market Overview - The market is experiencing slight changes with the Nasdaq 100 showing modest gains while the S&P 500 is slightly lower, as investors await the Federal Reserve's decision [2][3] - Trading volume for the S&P 500 has decreased significantly, about 14% lower than the 30-day average, indicating a focus on the upcoming Fed meeting [5] - The Dow Jones Industrial Average is leading declines, down approximately 0.4%, while the S&P 500 is down about six points or 0.1% [6][7] Sector Performance - Six sectors finished in the green, with the tech sector leading gains at about 0.2%, while energy was the biggest gainer in percentage terms [8][9] - The healthcare sector lagged, down about 1%, along with declines in industrials and real estate [9] Company Highlights - CVS Health shares rose over 5% during the day, closing with a gain of about 2.25% after raising its full-year profit forecast, indicating positive earnings growth expected in 2026 [10][11] - Areas Management's stock increased by 9.4% after being announced as a replacement in the S&P 500, effective December 11 [11][12] - JPMorgan Chase shares fell 4.7% after the CEO indicated anticipated spending of $5 billion next year, surpassing analyst estimates [16][17] - Pfizer shares dipped 1.7% following news of an FDA investigation into potential deaths related to COVID-19 vaccines [19][20] Earnings Reports - G Ever Nova's stock rose about 4% in after-hours trading after announcing a buyback increase and a positive revenue outlook for 2026, estimating revenue between $41 billion to $42 billion [25][26] - Cracker Barrel shares fell approximately 13% after reporting first-quarter revenue just under $800 million, which was below expectations [27][28] - Dave and Buster's shares declined by about 5.8% due to lower comp sales and disappointing third-quarter revenue [31][32] - GameStop reported a 4.6% decline in net sales year-over-year, contributing to a 26% decline in shares for 2025 [32][33]