S&P 500 Rises 0.97% with Positive Advance-Decline Ratio and Top Gainers in S&P 500 Caps
The stock market is on the rise today, with the S&P 500 trading at 5,608.25 and gaining 54.00 points, a 0.97% increase. The advance decline ratio across the S&P 500 is also showing positive numbers, with 3491 advances and only 1297 declines, a ratio of 2.69x.
One of the main drivers of the market today is the rise in S&P 500 Caps, which is up by 0.97%. This is reflected in the top gainers of the day, with Gamida Cell Ltd. and View, Inc. both showing an increase of inf%, and Clever Leaves Holdings, Inc. skyrocketing with a 9900.00% gain.
On the other hand, some companies are not faring as well, with Tempo Automation Holdings, Inc., Express, Inc., and Vaxxinity, Inc. all showing significant losses of -100.00%, -94.95%, and -80.00%, respectively.
Looking at the top large cap, mid cap, and small cap gainers, we see Coupang, Inc. leading the pack with a 5.08% increase, followed by United Therapeutics Corp. with an 8.60% gain, and Viking Therapeutics, Inc. with a 17.49% increase.
However, not all companies are experiencing gains today. HP, Inc., United States Steel Corp., and Inhibrx, Inc. are all showing losses of -3.65%, -5.96%, and -52.36%, respectively.
Overall, the market is showing a positive trend today, with 1 sector advancing and 0 sectors declining. The top gaining sector is the S&P 500, with a 0.97% increase. Investors will be keeping a close eye on these market movements as they make decisions for their portfolios.