Kenvue, Nvidia, Boeing, Expedia and Lululemon Athletica were the top five S&P 500 index gainers on the stock market today.
While Kenvue was the biggest percentage gainer on the S&P 500, Nvidia had the biggest impact on the benchmark index, closing above a $3.5 trillion market cap for the first time.
Kenvue jumped 5.5% to 22.92, gapping above the 50-day line, nearing a 23.55 flat-base buy point. Activist investor Starboard Value reportedly has taken a stake in the Pfizer consumer products spinoff, which makes Tylenol and Listerine.
Nvidia stock leapt 4.1% to 143.71, clearing a three-month base to hit a record high. The AI chip leader broke out of a 3-month base and a 140.76 buy point. NVDA stock is on IBD Leaderboard, SwingTrader and the IBD 50.
Boeing stock advanced 3.1% to 159.84, but hit resistance at a long-sliding 50-day line. The Dow Jones aerospace giant and its machinist union reached a tentative deal that would end a crippling five-week strike. Workers are set to vote on the labor deal Wednesday, with Boeing reporting earnings before the open.
Expedia stock rose 2.2% to 163.17, extending a three-session run to 8.2%. On Thursday, EXPE stock gapped up on a report that Uber Technologies is mulling an offer for the travel booking site. Uber stock was Monday's sixth-best S&P 500 stock, up 1.6% and snapping a five-session losing streak.
Lululemon stock gained 2.1% to 297.74. That's the highest level since early July but still well below LULU's 200-day line.
Please follow Ed Carson on Threads at @edcarson1971 and X/Twitter at @IBD_ECarson for stock market updates and more.
