Stock Market Sees Mixed Day of Trading with S&P 500 Leading Declines
The stock market is seeing a mixed day of trading as the S&P 500 caps are falling by 0.56%. The advance decline ratio across the S&P 500 shows 1456 advances and 3233 declines, with a ratio of 0.45x. This indicates that the market is currently being driven by more declining stocks than advancing ones.
In terms of top gainers, Gamida Cell Ltd. is leading the pack with an impressive increase of inf%, followed by Northern Star Investment Corp. II with a staggering 9900.00% gain. Lyra Therapeutics, Inc. is also seeing a significant increase of 4900.00%. On the other hand, R1 RCM, Inc. is the top loser with a decrease of -100.00%, followed by Northern Star Investment Corp. III with a -94.00% decline and Assure Holdings Corp. with a -91.29% decrease.
In the large cap category, Fair Isaac Corp. is the top gainer with a 7.74% increase, while Abercrombie & Fitch Co. leads the mid cap category with a 14.67% gain. LiveWire Group, Inc. is the top small cap gainer with an impressive 55.08% increase. On the other hand, Cadence Design Systems, Inc. is the top large cap loser with a -10.67% decrease, followed by Okta, Inc. with a -16.16% decline in the mid cap category.
The S&P 500 is currently trading at 5,888.55 with a loss of -32.99 points or -0.56%. Out of the 1 sectors advancing today, 0 sectors are advancing while 1 sector is declining. The top losing sector is the S&P 500 with a -0.56% decrease.
Overall, the market is seeing a mix of gains and losses, with the S&P 500 leading the declines. Investors should keep a close eye on the market as it continues to be driven by various factors.