Stock Market Sees Mixed Day of Trading, S&P 500 Down 1.57%
The stock market is experiencing a mixed day of trading, with some companies seeing significant gains while others are facing losses. As of midday, the S&P 500 is down 1.57%, trading at 4,982.77 points. This decline is driven by a decrease in 1 out of 1 sectors, with the S&P 500 being the top losing sector.
Among the top gainers in the market today are Humana, Inc., Grab Holdings Ltd., and Agilon Health, Inc. Humana, Inc. is the top large cap gainer, seeing a 10.69% increase in its stock price. Grab Holdings Ltd., a mid cap company based in Singapore, is also performing well with a 7.18% gain. Agilon Health, Inc., a small cap company, is the top gainer of the day with an impressive 26.12% increase in its stock price.
On the other hand, Rocket Cos., Inc. and VF Corp. are the top losers of the day, with declines of -10.03% and -13.50% respectively. This has contributed to the overall decline in the S&P 500.
The advance decline ratio across the S&P 500 is currently at 0.25x, with 939 advances and 3791 declines. This indicates that the market is experiencing more declines than advances.
In terms of individual stock performance, Gamida Cell Ltd., Tempo Automation Holdings, Inc., and Northern Star Investment Corp. II are the top gainers in the S&P 500, with impressive gains of inf%, 24900.00%, and 9900.00% respectively. On the other hand, R1 RCM, Inc., Edgio, Inc., and Roth CH Acquisition Co. are the top losers, with declines of -100.00%, -99.00%, and -95.55% respectively.
Overall, the market is experiencing a mix of gains and losses, with the S&P 500 seeing a decline of 1.57%. Investors should continue to monitor the market closely and make informed decisions based on the performance of individual stocks and sectors.