S&P 500 Rises 0.55% as Arista Networks Soars 8.74% Amid Strong Market Advance

Jan 23 2026 03:16 PM IST
share
Share Via
The S&P 500 index rose by 0.55%, continuing a positive trend with a 0.51% increase over the past month. Market breadth was strong, with 2,821 stocks advancing compared to 1,638 declining. Arista Networks led large-cap gains at 8.74%, while Abbott Laboratories fell by 10.04%. In mid-caps, Datadog gained 6.31%, contrasting with McCormick's 8.05% decline. Small-cap stocks showed volatility, highlighted by Redwire's 17.45% surge and Inspire's 16.0% drop. Overall, the market sentiment remains optimistic, as indicated by favorable advance-decline ratios across all segments.
S&P 500 Rises 0.55% as Arista Networks Soars 8.74% Amid Strong Market Advance The S&P 500 index experienced a positive day, rising by 0.55%, continuing its upward trend with a 0.51% increase over the past 30 days. Market breadth was favorable, with a total of 2,821 stocks advancing compared to 1,638 declining, resulting in an advance-decline ratio of 1.72x across all market capitalizations.

In the large-cap sector, Arista Networks, Inc. stood out as the top performer, achieving a return of 8.74%. Conversely, Abbott Laboratories faced challenges, recording a decline of 10.04%. The mid-cap segment saw Datadog, Inc. leading with a return of 6.31%, while McCormick & Co., Inc. struggled with an 8.05% drop. Small-cap stocks were particularly dynamic, with Redwire Corp. surging by 17.45%, while Inspire Medical Systems, Inc. fell by 16.0%.

The advance-decline ratios varied across market segments, with large caps at 1.67x, mid caps at 1.19x, and small caps at 1.49x, indicating a generally positive sentiment in the market. Overall, today's performance reflects a robust market environment, with notable gains in various sectors.

Mojo Stocks - The Top 1% Picks across Markets

Top 10 Large Cap Mid Cap Small Cap
{{col.header}}
Latest
OPEN CALL
CLOSED CALL
{{s[col.key]}} {{s.change_value}}
{{ s.score.value }} - {{ s.score.call_type }}
{{ s.dot_summary.score }} - {{ s.dot_summary.scoreText }}
{{s[col.key]}} {{col.extra}}

Our weekly and monthly stock recommendations are here
Loading...
{{!sm.blur ? sm.comp_name : ''}}
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Entry Price
Target Price
{{sm.target_price }} ({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News