Market Sees Mixed Performance with S&P 500 Down 0.22%, Notable Gainers and Losers
The market is seeing a mixed performance today, with 1 sector advancing and 1 sector declining. The top losing sector is the S&P 500, which is down by 0.22%. This is reflected in the S&P 500 index, which is currently trading at 5,662.89 with a loss of 12.40 points.
Despite the overall decline, there are some notable gainers in the market. Jabil, Inc. is the top large cap gainer with a 3.12% increase, followed by Darden Restaurants, Inc. with a 5.77% increase in the mid cap category. In the small cap category, Syndax Pharmaceuticals, Inc. is the top gainer with a 7.47% increase.
On the other hand, there are also some significant losers in the market. Booz Allen Hamilton Holding Corp. is the top large cap loser with an 8.10% decrease, while F&G Annuities & Life, Inc. is the top mid cap loser with a 14.74% decrease.
Looking at the advance-decline ratio across the S&P 500, there are 1743 advances and 2964 declines, resulting in a ratio of 0.59x. This indicates a higher number of declining stocks compared to advancing stocks in the index.
The S&P 500 caps are also falling by 0.22%, further reflecting the overall decline in the market. In terms of individual stocks, Gamida Cell Ltd., Electriq Power Holdings, Inc., and Northern Star Investment Corp. II are the top gainers with an impressive increase of 9900.00%. On the other hand, R1 RCM, Inc., Unique Fabricating, Inc., and Web3 Corp. are the top losers with a decrease of 100.00%.
Overall, the market is being driven by a mix of gains and losses, with the S&P 500 index and caps experiencing a decline. Investors should keep a close eye on the market and make informed decisions based on the performance of individual stocks.