S&P 500 Rises 0.47% as AppLovin Soars 13.19% Amid Strong Advance-Decline Ratio
The S&P 500 index rose by 0.47% today, marking a weekly gain of 1.19%, though it has slightly declined by 0.02% over the past month, indicating market volatility. The advance-decline ratio reflects a generally healthy market, with more stocks advancing than declining across various capitalizations. Large-cap and mid-cap stocks showed strength, while small-cap stocks struggled. Notable performers included AppLovin Corp. and Ubiquiti, Inc., with returns of 13.19% and 14.47%, respectively, while Kyndryl Holdings, Inc. suffered a significant loss of 54.92%.
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