S&P 500 Drops 1.23% Amid 3,176 Declines; McKesson Corp. Soars 16.52%

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The S&P 500 index fell by 1.23% today and 2.03% over the past week, indicating a tough market for investors, with a monthly decline of 1.5%. In large-cap stocks, McKesson Corp. excelled with a 16.52% return, while MicroStrategy, Inc. struggled with a -17.12% return. Mid-cap stocks showed similar disparities, with Corpay, Inc. gaining 11.56% and The Estée Lauder Companies, Inc. dropping 19.19%. Small-cap stocks were led by Kulicke & Soffa Industries, Inc. at 19.27%, but Fluence Energy, Inc. plummeted by 34.63%. Overall, the market saw more decliners than advancers, with a notable advance-decline ratio of 0.38.
S&P 500 Drops 1.23% Amid 3,176 Declines; McKesson Corp. Soars 16.52%
The S&P 500 index experienced a notable decline, falling by 1.23% today and down 2.03% over the past five days. Over the last month, the index has decreased by 1.5%, reflecting a challenging environment for investors.
In the large-cap sector, McKesson Corp. emerged as the standout performer with a return of 16.52%, while MicroStrategy, Inc. struggled significantly, posting a return of -17.12%. Mid-cap stocks saw Corpay, Inc. lead with an 11.56% return, contrasting sharply with The Estée Lauder Companies, Inc., which faced a decline of 19.19%. Small-cap stocks were led by Kulicke & Soffa Industries, Inc., achieving a remarkable return of 19.27%. However, Fluence Energy, Inc. faced the steepest decline in this category, with a return of -34.63%. Overall, the advance-decline ratio across the market showed 1,206 stocks advancing against 3,176 declining, resulting in a ratio of 0.38. In large-cap stocks, 88 advanced while 146 declined, yielding a ratio of 0.6. Mid-cap stocks had 89 advancing and 172 declining, with a ratio of 0.52, while small-cap stocks saw 488 advancing against 971 declining, resulting in a ratio of 0.5.

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