S&P 500 Sees Mixed Results with More Declining Stocks Than Advancing
The stock market is seeing mixed results today, with the S&P 500 showing a decline of 0.11%. The advance decline ratio across the S&P 500 is at 3287 advances and 1501 declines, with a ratio of 2.19x. This indicates that there are more stocks declining than advancing in the market today.
Some of the top gainers in the S&P 500 include Gamida Cell Ltd., Meta Materials, Inc., and Neptune Wellness Solutions, Inc., all showing an increase of inf%. On the other hand, R1 RCM, Inc., Allego NV, and Kidpik Corp. are the top losers, with a decrease of -100.00%, -99.90%, and -99.83%, respectively.
In terms of market capitalization, NIKE, Inc. is the top large cap gainer with a 22.15% increase, while New Fortress Energy, Inc. and Wolfspeed, Inc. are the top mid cap and small cap gainers, with a 63.03% and 58.85% increase, respectively. On the other hand, Centene Corp. and APi Group Corp. are the top large cap and mid cap losers, with a decrease of -36.94% and -33.27%, respectively.
The S&P 500 is currently trading at 6,198.01 with a loss of -6.94 points, or -0.11%. Out of the 11 sectors, only 1 sector is advancing while the remaining 10 are declining. The top losing sector is the S&P 500, with a decrease of -0.11%.
Overall, the market is showing mixed results today, with some stocks seeing gains while others are experiencing losses. Investors should keep a close eye on the market and make informed decisions based on the current trends and performance of different sectors and companies.