S&P 500 Shows Mixed Trend with 1 Sector Advancing and 0 Sectors Declining

Aug 22 2024 01:02 PM IST
Today, the S&P 500 is up by 0.42%, with 1573 advances and 3179 declines. The top gaining sector is the S&P 500, while the top losing sector is Snowflake, Inc. In terms of individual stocks, Nordson Corp., Zoom Video Communications, Inc., and Peloton Interactive, Inc. are the top gainers, while Snowflake, Inc., Williams-Sonoma, Inc., and Inhibrx, Inc. are the top losers. The advance decline ratio is at 0.49x, indicating a slightly bearish sentiment. Overall, the S&P 500 caps are rising, with investors closely monitoring the market for any changes.



Today, the market is seeing a mixed trend with 1 sector advancing and 0 sectors declining. The top gaining sector is the S&P 500, which is up by 0.42%. This is reflected in the S&P 500 index, which is currently trading at 5,620.85 with a gain of 23.73 points.

In terms of individual stocks, Nordson Corp. is the top large cap gainer with a 3.33% increase, followed by Zoom Video Communications, Inc. with a 12.97% gain in the mid cap category. Peloton Interactive, Inc. takes the top spot in the small cap category with an impressive 35.42% increase.

On the other hand, Snowflake, Inc. is the top large cap loser with a decline of 14.70%, while Williams-Sonoma, Inc. and Inhibrx, Inc. are the top mid cap and small cap losers with declines of 9.28% and 52.36%, respectively.

The advance decline ratio across the S&P 500 is at 0.49x, with 1573 advances and 3179 declines. This indicates a slightly bearish sentiment in the market.

In terms of individual stocks, DMK Pharmaceuticals Corp., Gamida Cell Ltd., and View, Inc. are the top gainers in the S&P 500, with all three showing an infinite percentage increase. On the other hand, Eloxx Pharmaceuticals, Inc., Tempo Automation Holdings, Inc., and Express, Inc. are the top losers, with declines of 100.00%, 98.53%, and 68.87%, respectively.

Overall, the S&P 500 caps are rising by 0.42%, indicating a positive outlook for the market. Investors will continue to monitor the market closely for any further developments and shifts in trends.

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