S&P 500 Leads Market with 0.73% Increase, Top Gainers Include Tesla and MicroStrategy

Dec 24 2024 01:02 PM IST

The stock market is showing strong performance today, with the S&P 500 gaining 0.73% and trading at 5,974.07. Top gainers include Tesla, Inc., MicroStrategy, Inc., and International Seaways, Inc., while Veeva Systems, Inc. and Bill Holdings, Inc. are seeing decreases. The S&P 500 is leading the way with 3445 advances and 1251 declines, indicating positive movement for the majority of companies. The S&P 500 Caps is also on the rise, with Gamida Cell Ltd., View, Inc., and LumiraDX Ltd. as top gainers. R1 RCM, Inc., Rite Aid Corp., and Cuentas, Inc. are the top losers. The market is being influenced by a mix of large, mid, and small cap companies, with the S&P 500 as the main driver.

The stock market is off to a strong start today, with the S&P 500 trading at 5,974.07 and gaining 43.22 points, or 0.73%. This positive momentum is being driven by top gainers such as Tesla, Inc. with a 7.36% increase, MicroStrategy, Inc. with a 7.81% increase, and International Seaways, Inc. with a 9.30% increase. However, not all companies are seeing gains, as Veeva Systems, Inc. is the top large cap loser with a -3.32% decrease and Bill Holdings, Inc. is the top mid cap loser with a -2.69% decrease.

Out of the 1 sector advancing today, the S&P 500 is leading the way with a 0.73% increase. This is reflected in the advance decline ratio across the S&P 500, with 3445 advances and 1251 declines, a ratio of 2.75x. This shows that the majority of companies in the S&P 500 are seeing positive movement.

The S&P 500 Caps is also on the rise, increasing by 0.73%. This is reflected in the top gainers of the S&P 500, with Gamida Cell Ltd. seeing an impressive increase of inf%, followed by View, Inc. with an increase of inf%, and LumiraDX Ltd. with a 900.00% increase. On the other hand, the top losers of the S&P 500 include R1 RCM, Inc. with a -100.00% decrease, Rite Aid Corp. with a -75.00% decrease, and Cuentas, Inc. with a -74.47% decrease.

Overall, the market is being driven by a mix of large, mid, and small cap companies, with the S&P 500 leading the way. Investors should keep an eye on these top gainers and losers as they continue to influence the market's performance.

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