Stock Market Experiences Mixed Day with S&P 500 Down 1.54%

Jan 13 2025 01:02 PM IST

The S&P 500 is currently down 1.54%, with 1 sector advancing and 1 sector declining. CVS Health Corp., Intra-Cellular Therapies, Inc., and Digital World Acquisition Corp. are the top gainers, while Moderna, Inc. and Abercrombie & Fitch Co. are the top losers. The advance decline ratio is at 1.1x, indicating a slightly positive trend in the market. Notable gainers include Gamida Cell Ltd., LumiraDX Ltd., and The Real Good Food Co., Inc., while R1 RCM, Inc., Unique Fabricating, Inc., and Vaxxinity, Inc. are the top losers. Investors should closely monitor the market and make informed decisions based on the latest trends and developments.

The stock market is experiencing a mixed day today, with some companies seeing significant gains while others are facing losses. As of midday, the S&P 500 is down 1.54%, trading at 5,827.04 points. This is a result of 1 sector advancing and 1 sector declining, with the S&P 500 being the top losing sector.

CVS Health Corp. is the top large cap gainer, seeing a 7.31% increase in its stock price. Intra-Cellular Therapies, Inc. is the top mid cap gainer, with a 34.07% increase, while Digital World Acquisition Corp. is the top small cap gainer, seeing a 21.52% increase.

On the other hand, Moderna, Inc. is the top large cap loser, experiencing a 16.80% decrease in its stock price. Abercrombie & Fitch Co. is the top mid cap loser, with a 15.66% decrease.

The advance decline ratio across the S&P 500 is currently at 1.1x, with 2500 advances and 2263 declines. This shows a slightly positive trend in the market, despite the overall decline.

Some notable top gainers in the S&P 500 include Gamida Cell Ltd., with an impressive increase of inf%, LumiraDX Ltd. with a 900.00% increase, and The Real Good Food Co., Inc. with a 525.00% increase. On the other hand, R1 RCM, Inc., Unique Fabricating, Inc., and Vaxxinity, Inc. are the top losers, all experiencing a significant decrease in their stock prices.

Overall, the market is being driven by a mix of positive and negative factors, with some companies seeing strong gains while others are facing losses. Investors should continue to monitor the market closely and make informed decisions based on the latest trends and developments.

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