S&P 500 Experiences Mixed Day with Impressive Gains and Significant Losses
The stock market is constantly fluctuating, and today is no exception. As of market close, the S&P 500 is down 0.40%, trading at 6,243.76. The market is being driven by a mix of both gains and losses, with the top large cap gainer being The Trade Desk, Inc. with a 19.27% increase. The top mid cap gainer is New Fortress Energy, Inc. with a 68.49% increase, while the top small cap gainer is Wolfspeed, Inc. with an impressive 210.25% increase.
On the other hand, the top large cap loser is Centene Corp. with a significant decrease of -43.23%. The top mid cap loser is APi Group Corp. with a -31.17% decrease. These losses are causing the S&P 500 to fall by 0.4%.
Looking at the advance decline ratio across the S&P 500, there were 2960 advances and 1872 declines, resulting in a ratio of 1.58x. This shows that there were more advances than declines in the market today.
In terms of sectors, out of the 1 sector that advanced today, 0 sectors are advancing while 1 sector is declining. The top losing sector is the S&P 500, with a -0.40% decrease.
Some of the top gainers in the S&P 500 include Cazoo Group Ltd., Gamida Cell Ltd., and Neptune Wellness Solutions, Inc., all with an impressive increase of inf%. On the other hand, the top losers include R1 RCM, Inc. with a -100.00% decrease, Kidpik Corp. with a -99.83% decrease, and Vaxxinity, Inc. with a -99.78% decrease.
Overall, the market is experiencing a mix of gains and losses, with the S&P 500 falling by 0.4%. Investors should continue to monitor the market closely and make informed decisions based on the latest market trends and news.