The stock market experienced a mixed day with gains and losses across various sectors. Greenwave Technology Solutions (GWAV) led the charge, up 21%, followed by Serve Robotics (SERV) with an increase of 16%. AerSale (ASLE) also saw a 12% gain, while Plug Power (PLUG) experienced a 10% rise. Vestis (VSTS) was up by 9%.
On the other hand, some companies faced significant losses. Forward Air (FWRD) was down by 22%, and Alta Equipment Group (ALTG) and BGSF both saw an 18% decrease in their stock prices. Mingteng International Corporation (MTEN) also dropped by 16%, while Safe & Green Holdings Corp (SGBX) was down by 15%.
The S&P 500 Industrials Sector saw a slight increase of 0.7%, rising to 1059.63. The Capital Goods sector, which accounts for 69.8% of the index, increased by 0.79% to reach its highest point at 1156.81. The Commercial & Professional Services sector also had a positive impact, with a growth rate of 0.4%, reaching its highest point at 623 as well. However, the Transportation sector experienced only a small increase of just over half percent to reach its highest point at 1011.28.
Overall, the Industrial Select Sector SPDR ETF showed mixed results with some sectors experiencing gains while others faced losses
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