The truth today ;
S&P 500 Gains & Losses Today: Albemarle Stock Drops, Supermicro and Nike Shares Increase
Things to lookout for
Monday, July 28, 2025, saw minimal movement in the S&P 500 as investors took in the U.S.-EU trade agreement and prepared for this week's Fed, economic, and earnings announcements. Super Micro Computer's stock rose over 10%, setting a new daily record for the S&P 500. Nike's stock increased as well. The biggest producer of lithium in the world, Albemarle, saw the biggest drop of any S&P 500 stock, falling by almost 11%.
Following the announcement of a trade agreement with the European Union over the weekend, major U.S. equity indexes ended Monday in a mixed finish. The Federal Reserve's interest-rate announcement, the most recent jobs and inflation data, and a barrage of earnings reports from significant tech and non-tech companies are just a few of the economic and financial stories that are expected to be covered in the upcoming trading week. The Nasdaq Composite saw a 0.3% increase, while the S&P 500 managed a gain of less than 0.1%. Both indices were at all-time highs. The Dow experienced a 0.1% decline. Go here to read Investopedia's complete coverage of today's trading.
Super Micro Computer's (SMCI) stock rose over 10%, setting a new daily record for the S&P 500. On August 5, Supermicro is scheduled to make its quarterly results public. Following news that President Donald Trump has relaxed restrictions on technology exports to China in an effort to strengthen trade talks with the nation, the stock saw a surge higher on Monday. Advanced Micro Devices' (AMD) stock increased 4.3%. AMD reportedly increased the price of its Instinct MI350 AI chip, indicating that the company is confident in its high-end product's ability to rival rival Nvidia's (NVDA) offerings. In anticipation of the semiconductor manufacturer's upcoming earnings report on August 5, UBS analysts raised their price target for AMD stock.
Monday saw a 3.9% increase in Nike (NKE) stock after JPMorgan upgraded the clothing and footwear company's stock from "neutral" to "overweight." With special attention to the opportunities surrounding the U.S. soccer World Cup next year, analysts emphasised Nike's progress on its multiyear recovery plan, which includes inventory alignment and new performance products. The largest lithium producer in the world, Albemarle (ALB), saw its shares fall by almost 11%, the most of any S&P 500 stock. Albemarle stock returned its gains from the previous day after declining on Monday.
a week and a half after news broke that a major Chinese lithium miner had halted production, allaying worries about an excess of the essential battery component on the market. While navigating a protracted decline in lithium prices, Albemarle and other producers have been trying to reduce expenses. After the medical device manufacturer's quarterly earnings were released, Revvity's (RVTY) stock dropped 8.3%. The manufacturer of tools and reagents for drug discovery and other healthcare research lowered its full-year profit outlook, citing expected softness in its immunodiagnostics business in China, despite the fact that second-quarter revenue and adjusted earnings per share exceeded consensus estimates.
Shares of the health insurer fell 5.4% after Cantor Fitzgerald downgraded Centene's (CNC) stock from "overweight" to "neutral." Analysts identified challenges for Centene's operations in the Medicaid and healthcare exchange markets. Citing pressure from enrolment and cost, Centene retracted its full-year guidance at the start of July.
0 Comments