S&P 500 Sees Mixed Performance with Gains and Losses Across Categories
The stock market is constantly fluctuating, and today is no exception. As of market close, the S&P 500 is trading at 5,520.07 with a loss of -8.86 points or -0.16%. The market is being driven by a mix of both gains and losses, with some companies seeing significant increases while others are experiencing steep declines.
Taking the top spot for large cap gainers is Coupang, Inc. with a 7.00% increase. In the mid cap category, Frontier Communications Parent, Inc. is leading the way with a 37.95% gain. And in the small cap category, Keros Therapeutics, Inc. is seeing a 10.76% increase.
On the other hand, Dollar Tree, Inc. is the top large cap loser with a -22.16% decrease. United States Steel Corp. is the biggest mid cap loser, down -17.47%. And in the small cap category, Inhibrx, Inc. is experiencing a significant -52.36% decline.
The S&P 500 Advance-Decline ratio is currently at 0.73x, with 2000 advances and 2748 declines. This indicates that there are more declining stocks than advancing ones in the S&P 500 index. The S&P 500 Caps is also falling by 0.16%, further reflecting the mixed market performance.
Looking at the top gainers in the S&P 500, Gamida Cell Ltd. and View, Inc. are both showing an impressive inf% increase. DZS, Inc. is also seeing a significant jump of 499.40%. On the other hand, Tempo Automation Holdings, Inc., Athira Pharma, Inc., and Rite Aid Corp. are the top losers with -85.29%, -78.43%, and -75.00% decreases respectively.
Out of the 1 sector advancing today, the S&P 500 is the only one showing a decline of -0.16%. This means that the majority of sectors are experiencing losses, with the S&P 500 being the biggest loser.
Overall, the market is being driven by a mix of gains and losses, with the S&P 500 showing a slight decline. Investors will continue to monitor the market closely as it continues to fluctuate.