Stock Market Sees Mixed Day of Trading, S&P 500 Index Declines 0.30%

Sep 05 2024 01:02 PM IST
Today, the S&P 500 index saw a slight decline of 0.30%, with more declining stocks than advancing ones. Notable gainers included Dollar Tree, Inc., Immunovant, Inc., and EchoStar Corp., while significant losers included McKesson Corp., The Toro Co., and Inhibrx, Inc.



The stock market saw a mixed day of trading today, with the S&P 500 index experiencing a slight decline of 0.30%. Out of the 1 sectors that were trading, 0 sectors saw gains while 1 sector saw a decline. The top losing sector was the S&P 500, with a decrease of 0.30%.

The advance-decline ratio across the S&P 500 showed that for every 1815 stocks that advanced, 2928 stocks declined, resulting in a ratio of 0.62x. This indicates that there were more declining stocks than advancing ones in the market today.

The S&P 500 Caps also saw a decrease of 0.3%, further adding to the overall decline in the market. However, there were some notable gainers in the market today. The top large cap gainer was Dollar Tree, Inc. with an increase of 7.72%, while the top mid cap gainer was Immunovant, Inc. with a gain of 9.55%. The top small cap gainer was EchoStar Corp. with an impressive increase of 21.05%.

On the other hand, there were also some significant losers in the market today. The top large cap loser was McKesson Corp. with a decrease of 9.90%, while the top mid cap loser was The Toro Co. with a decline of 10.09%. The top small cap loser was Inhibrx, Inc. with a significant decrease of 52.36%.

Overall, the market today was driven by a mix of gains and losses, with some stocks seeing significant increases while others experienced notable declines. Investors will continue to monitor the market closely as they make decisions on their investments.

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