Highlights:

– Uber stock jumps approximately 3.7% on news of autonomous vehicle tests and bond issuance.
– CVS shares tumble nearly 4.8% amid executive reluctance to offer fresh guidance or discuss upcoming government ratings.
– The S&P 500 registers a modest gain of around 0.2%, with markets eyeing upcoming U.S. inflation data.

Shares in U.S. equity markets closed slightly higher on Monday, September 8, 2025, with the S&P 500 up about 0.2%, the Dow Jones gaining 0.3%, and the Nasdaq reaching a record close, climbing nearly 0.5%. The session reflected a mix of optimism in technology and mobility stocks, contrasted with uncertainty in health care, as investors positioned themselves ahead of key inflation data later in the week.

Uber Drives Gains on Strategic Moves and Capital Raise

Uber Technologies soared roughly 3.7% after unveiling plans to begin testing autonomous vehicles in Munich by 2026 through a partnership with Momenta, and announcing a $2.25 billion investment-grade bond sale for general corporate purposes. The combination of forward-looking AV strategy and a significant capital raise appears to have buoyed investor sentiment, reinforcing Uber’s positioning in both AI mobility and its balance sheet strength. These moves could signal the company’s acceleration into autonomous domains while maintaining liquidity for growth and operations.

CVS Slides on Lack of Guidance and Regulatory Ambiguity

CVS Health tumbled approximately 4.8%—the sharpest drop among S&P 500 components—as executives declined to provide updated financial guidance during a major investor conference and refrained from discussing imminent Medicare Advantage quality ratings from the U.S. government. This opacity appears to have unsettled the market, given CVS’s exposure to Medicare Advantage revenues. Without forward-looking clarity, investors may be reassessing the predictability of CVS’s earnings under shifting regulatory conditions.

Broader Market Context: Modest Gains Underpinned by Caution

Overall, U.S. equity indices posted modest gains, with the Nasdaq achieving a historic high and the S&P 500 inching up 0.2%, while the Dow rose 0.3%. Take-Two Interactive and Broadcom were other notable gainers, buoying the market with strong demand signals in gaming and AI infrastructure, respectively. Investors remain watchful as upcoming U.S. Consumer Price Index readings may influence the Federal Reserve’s monetary policy outlook.

Looking ahead, market participants will closely monitor the inflation data due Thursday, which could shape the Fed’s decisions on interest rates. For Uber, the success of its autonomous vehicle trials and management of bond proceeds will be key. For CVS, clarity on government ratings and guidance may be critical to restoring investor confidence.