S&P 500 Falls 0.43% as Verizon Soars 11.83% Amid Market Volatility
The S&P 500 index fell by 0.43% on a challenging trading day, despite a 0.62% increase over the past month. Market breadth was negative, with more stocks declining than advancing. In large-cap stocks, Verizon led with an 11.83% gain, while AppLovin dropped 16.89%. Mid-cap stocks saw Deckers Outdoor rise 19.46%, contrasted by Anglogold Ashanti's 13.22% decline. Small-cap stocks were notably volatile, with Robert Half surging 27.76% and PennyMac plummeting 33.25%. Overall, advance-decline ratios across all segments indicated a prevailing trend of declining stocks.
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