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Here are a few notable analyst calls that could be moving stocks today. Hims & Hers Upgrade: Needham raised Hims & Hers (NYSE: HIMS) to a $31 price target. In addition, the researcher added it to ...
The losses extend the market's losing streak to five days, putting the Santa Claus rally at risk. Apple stock dropped more than 2.5%. Tesla fell 6% after reporting deliveries.
4:00 p.m. ET: Stocks end higher as investors continue to weigh corporate results Here were the main moves in markets as at the end of Tuesday's session: S&P 500 ( ^GSPC ) : +37.61 (+0.84%) to 4,521.48
The advance–decline line is a stock market technical indicator used by investors to measure the number of individual stocks participating in a market rise or fall. As price changes of large stocks can have a disproportionate effect on capitalization weighted stock market indices such as the S&P 500, the NYSE Composite Index, and the NASDAQ Composite index, it can be useful to know how ...
Stock market indices may be categorized by their index weight methodology, or the rules on how stocks are allocated in the index, independent of its stock coverage. For example, the S&P 500 and the S&P 500 Equal Weight each cover the same group of stocks, but the S&P 500 is weighted by market capitalization, while the S&P 500 Equal Weight places equal weight on each constituent.
Megacap tech stocks led the drop, with Apple shares down more than 3% for their worst daily drop since August. Tesla similarly fell 3%, while Nvidia dropped almost 2% and Alphabet lost more than 1%.
For example, a $1 increase in a lower-priced stock can be negated by a $1 decrease in a much higher-priced stock, even though the lower-priced stock experienced a larger percentage change. In addition, a $1 move in the smallest component of the DJIA has the same effect as a $1 move in the largest component of the average.
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