Stocks Sink as Investors Worry Fed Rate Cuts Could Be Delayed

• Dow falls nearly 400 points on Tuesday, continuing weak start to second quarter • Investors worried Fed could cut interest rates later than expected • 10-year Treasury yield rose to 4.37% on Tuesday, nearing highest level since November • Traders pulled back expectations for Fed rate cut in June to about 64% chance • Health insurers like Humana, CVS Health, and UnitedHealth fell on lower Medicare Advantage payment rates for 2025