S&P 500 Leads Market with 0.67% Gain, Top Gainers Include Gamida Cell and monday.com
The stock market is showing signs of strength today, with the S&P 500 trading at 6,066.44 and gaining 40.45 points, a 0.67% increase. Out of the 1 sectors advancing, the S&P 500 is leading the way with a 0.67% gain. This is reflected in the advance-decline ratio, with 2414 advances and 2305 declines, a ratio of 1.05x.
The S&P 500 Caps is also on the rise, increasing by 0.67%. This positive momentum is reflected in the top gainers of the day, with Gamida Cell Ltd. leading the pack with an impressive gain of inf%. The Singing Machine Co., Inc. and BioXcel Therapeutics, Inc. are also seeing significant gains of 17429.41% and 1706.06%, respectively.
On the other hand, the top losers of the day include 10x Capital Venture Acquisition Corp. II, African Agriculture Holdings, Inc., and R1 RCM, Inc., all seeing a decline of 100.00%.
In terms of large cap gainers, Super Micro Computer, Inc. is leading the way with a gain of 17.56%, while monday.com Ltd. is the top mid cap gainer with a 26.46% increase. For small caps, Springworks Therapeutics, Inc. is the top gainer with a 34.06% increase.
However, not all stocks are seeing positive movement today. ON Semiconductor Corp. is the top large cap loser with a decline of 8.21%, while 10X Genomics, Inc. is the top mid cap loser with a decline of 15.37%.
Overall, the market is being driven by strong performances from the S&P 500 and top gainers such as Gamida Cell Ltd. and monday.com Ltd. Investors should keep an eye on these stocks as they continue to show positive momentum.