Health Care Stocks Hit Record Highs, GM Drops Nearly 8%: Stock Market Today

Health care stocks reached record highs, with the Health Care Select Sector SPDR Fund climbing 2.2%. General Motors Co. (NYSE: GM) experienced a significant decline of 7.6%, marking its worst day since July 2025, despite reporting third-quarter adjusted EPS of $3.70, which exceeded estimates. The company's revenue of $50 billion also surpassed forecasts, but its full-year EPS guidance of $12.75-$13.75 fell short of the analysts' $13.41 midpoint. Overall, the S&P 500 rose 0.3% to 7,713, while the Dow Jones increased by 0.9% to 52,424.