S&P 500 Falls 0.55% Amid 0.7x Advance-Decline Ratio; McKesson Soars 6.36%
The S&P 500 index fell by 0.55% today, despite a 2.94% rise over the past month. In large-cap stocks, McKesson Corp. led with a 6.36% gain, while Vistra Corp. dropped 6.28%. Halliburton Co. topped mid-caps with a 7.34% increase, contrasting with Affirm Holdings' 8.2% decline. ATAI Life Sciences excelled in small-caps with a 14.96% return, while Opendoor Technologies fell 15.39%. Overall, the market saw more decliners than advancers, with a 0.7x advance-decline ratio, highlighting a mixed performance across different market segments.
The S&P 500 index experienced a decline of 0.55% today, although it has shown a notable increase of 2.94% over the past 30 days. In the large-cap segment, McKesson Corp. emerged as the top performer with a return of 6.36%, while Vistra Corp. lagged behind with a decline of 6.28%. In the mid-cap category, Halliburton Co. led the way with a return of 7.34%, contrasting with Affirm Holdings, Inc., which saw a drop of 8.2%. The small-cap sector was dominated by ATAI Life Sciences NV, achieving a remarkable return of 14.96%, while Opendoor Technologies, Inc. faced a significant decline of 15.39%.
Overall, the advance-decline ratio across the market indicated that 1,646 stocks advanced compared to 2,367 that declined, resulting in a ratio of 0.7x. In large-cap stocks, 124 advanced against 109 that declined, yielding a ratio of 1.14x. Mid-cap stocks showed a balanced performance with 130 advancing and 130 declining, while small-cap stocks had 616 advancing and 854 declining, resulting in a ratio of 0.72x.
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