S&P 500 Gains and Losses Today: Dexcom Soars as FDA Approves New Glucose Monitor

Key TakeawaysThe S&P 500 moved 0.5% higher on Wednesday, March 6, 2024, after Federal Reserve Chair Jerome Powell told Congress that rate cuts are still likely for some time this year.Dexcom received FDA approval for an over-the-counter continuous glucose monitor, and its shares soared.Shares of Brown-Forman sank after the beverage maker missed revenue estimates amid declining Jack Daniels sales. Major U.S. equities indexes advanced after Federal Reserve Chair Jerome Powell testified in Congress that the ce ...