S&P 500 Update: Apple Rises, Eli Lilly Falls on Trial Disappointment

Reported 3 days ago

On August 7, 2025, the S&P 500 dipped 0.1% amid new import tariffs, with Eli Lilly's stock dropping 14.1% following disappointing trial results for its weight-loss drug. Meanwhile, Apple shares rose over 3% after announcing a $100 billion investment in U.S. production, while other medical firms like Insulet and Becton Dickinson reported strong earnings, leading to significant gains in their stocks.

Source: YAHOO

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