S&P 500 Gains 0.13% as Top Stocks Show Strong Performance

Sep 16 2024 01:02 PM IST

Today, the stock market is showing strength, with the S&P 500 gaining 0.13% and the advance-decline ratio at 1.32x. Top gainers include Intel Corp., Nuvalent, Inc., and Bausch + Lomb Corp., while top losers include Micron Technology, Inc., BioMarin Pharmaceutical, Inc., and Inhibrx, Inc. The S&P 500 Caps is also on the rise, driven by top gainers Gamida Cell Ltd., View, Inc., and Northern Star Investment Corp. II. Overall, the market is a mix of gains and losses, with investors closely monitoring individual stocks and sectors.

The stock market is showing signs of strength today, with the S&P 500 trading at 5,633.09 and gaining 7.07 points, or 0.13%. Out of the 1 sectors advancing, the S&P 500 is leading the way with a gain of 0.13%. This positive momentum is reflected in the advance-decline ratio, with 2715 advances and 2057 declines, showing a ratio of 1.32x.

In terms of individual stocks, Intel Corp. is the top large cap gainer, with a gain of 6.36%. Nuvalent, Inc. is the top mid cap gainer, with an impressive 28.27% increase. Bausch + Lomb Corp. is the top small cap gainer, with a gain of 14.47%. On the other hand, Micron Technology, Inc. is the top large cap loser, with a decline of 4.43%. BioMarin Pharmaceutical, Inc. is the top mid cap loser, with a decrease of 17.71%. Inhibrx, Inc. is the top small cap loser, with a significant decline of 52.36%.

The S&P 500 Caps is also on the rise, with a gain of 0.13%. This positive movement is driven by the top gainers in the index, including Gamida Cell Ltd., View, Inc., and Northern Star Investment Corp. II, with gains of inf%, inf%, and 500.00%, respectively. On the other hand, the top losers in the S&P 500 include Evelo Biosciences, Inc., Hempacco Co., Inc., and Rite Aid Corp., with declines of -99.56%, -80.00%, and -75.00%, respectively.

Overall, the market is being driven by a mix of both gains and losses, with the S&P 500 leading the way. Investors will continue to monitor these movements and make strategic decisions based on the performance of individual stocks and sectors.

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