"Market Update: Stocks Slip, Yields Rise as Fed Rate-Cut Odds Dip"

Stock futures slipped after the S&P 500 and Dow Jones started April with declines, with health insurance stocks falling in extended trading as the Centers for Medicare & Medicaid Services finalized 2025 rate announcement for Medicare Advantage and prescription drug coverage. The market appears relatively stable, with expectations of a potential rate cut from the Federal Reserve. Traders are awaiting economic data releases, including the Job Openings and Labor Turnover Survey and durable orders for February, while keeping an eye on the upcoming big payrolls report for March.