Shares of Kenvue fell over 10% after reports that HHS Secretary Robert F. Kennedy Jr. may link autism to Tylenol use in pregnant women. HHS will release a report this month suggesting folate-based medicine for treatment. Kenvue denies a causal link and FDA states acetaminophen is safe in pregnancy per label info.

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1. Apple announces plans to invest $430 billion in the U.S. economy over the next five years, creating 20,000 new jobs in the process.
2. The Federal Reserve keeps interest rates unchanged while signaling potential rate hikes in 2023.
3. Tesla’s CEO Elon Musk sells $1.1 billion worth of stock, causing shares to drop by 3.5%.: Kenvue stock drops 10% on RFK Jr. Tylenol autism report