S&P 500 Climbs 0.54% as Intel Soars 10.19% Amid Strong Advance-Decline Ratio
The S&P 500 index rose by 0.54% today and has gained 3.73% over the past week, though it remains down 0.61% over the last month, reflecting mixed market performance. Intel Corporation led large-cap stocks with a 10.19% increase, while Eli Lilly & Co. fell by 2.61%. In mid-caps, Credo Technology Group gained 8.29%, contrasting with Anglogold Ashanti's 3.63% decline. Small-cap CleanSpark, Inc. surged 12.27%, while Arrowhead Pharmaceuticals dropped 8.68%. Overall, the market saw more advancing stocks (2,737) than declining ones (1,645), indicating a generally positive trend, especially in large-cap stocks.
The S&P 500 index experienced a modest increase of 0.54% today, marking a notable rise of 3.73% over the past five days. However, the index remains down by 0.61% over the last 30 days, indicating a mixed performance in the broader market. In the large-cap segment, Intel Corporation emerged as the standout performer with a return of 10.19%, while Eli Lilly & Co. lagged behind with a decline of 2.61%. Mid-cap stocks saw Credo Technology Group Holding Ltd. leading with an 8.29% gain, contrasted by Anglogold Ashanti Plc, which fell by 3.63%. Among small-cap stocks, CleanSpark, Inc. achieved the highest return at 12.27%, while Arrowhead Pharmaceuticals, Inc. faced a significant drop of 8.68%.
Overall, the advance-decline ratio across the market showed 2,737 stocks advancing compared to 1,645 declining, resulting in a ratio of 1.66. Large-cap stocks performed particularly well, with 196 advancing and only 37 declining, yielding a robust ratio of 5.3. Mid-cap and small-cap stocks also demonstrated positive trends, with ratios of 2.85 and 1.35, respectively.
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