S&P 500 Gains & Losses Today: Index Tops 6500 After Nvidia Earnings; Hormel Drops

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provider Datadog earned the top performance in the benchmark index amid the latest wave of enthusiasm around AI.Hormel Foods shares plunged after the maker of packaged foods missed quarterly profit estimates, citing pressure from increased commodity costs.Major U.S. equities indexes rose as investors digested quarterly results from Nvidia (NVDA), the world's highest valued company, and a report showing a positive revision to gross domestic product growth in the second quarter.The S&P 500 advanced 0.3% on Thursday, securing a second straight all-time closing high and finishing a day above 6500 for the first time. The Dow gained 0.2%, joining the broader benchmark index in record closing territory, while the Nasdaq was up 0.5%, closing just below its record level. Nvidia, for its part, fell less than 1%. Read Investopedia's full daily markets coverage here.Datadog (DDOG) shares logged the S&P 500's top daily performance, jumping 7%. Thursday's surge for Datadog stock added to gains posted in the previous session following a strong earnings report from fellow database software specialist MongoDB (MDB). Datadog has launched several new products this year that leverage artificial intelligence technology to enhance its platform's database-monitoring capabilities, helping revenue growth.Shares of Fair Isaac (FICO), the data analytics company known for its consumer credit scores, advanced 6.1%. The stock has come under pressure in recent months following criticism of its pricing scheme by William Pulte, director of the Federal Housing Finance Agency, who announced in July that mortgage lenders would be able to use FICO competitor VantageScore to evaluate the credit of potential borrowers. Some analysts have lately grown more positive on the shares, citing among other reasons its pricing strength for credit evaluations.Agilent Technologies (A) surpassed sales and profit expectations for its fiscal third quarter, and shares of the health sciences company gained 5.3%. The company also issued stronger-than-expected sales guidance for the current quarter, highlighting strong demand in its pharmaceutical end markets and its chemicals and advanced materials segment.Hormel Foods (HRL) shares plummeted 13%, falling the furthest of any S&P 500 stock. The maker of deli meats and parent company of brands including Spam and Skippy reported mixed results for its fiscal third quarter, topping revenue estimates but falling short of adjusted profit expectations. The company attributed its lackluster performance to increases in commodity input costs. Hormel expects this trend to continue in the current quarter and said it plans pricing action to address the inflationary pressure.Terms and Privacy PolicyPrivacy & Cookie SettingsMore InfoS&P 5006,460.26 -41.60 (-0.64%)Dow 3045,544.88 -92.02 (-0.20%)Nasdaq21,455.55 -249.61 (-1.15%)Russell 20002,366.42 -11.99 (-0.50%)VIX15.36 +0.93 (+6.44%)Gold3,516.10 +41.80 (+1.20%)PortfolioSign in to access your portfolioSign inTop gainersAMBA Ambarella, Inc. 82.48 +11.85 (+16.78%)IREN IREN Limited 26.48 +3.44 (+14.93%)BABA Alibaba Group Holding Limited 135.00 +15.43 (+12.90%)AFRM Affirm Holdings, Inc. 88.46 +8.47 (+10.59%)DOOO BRP Inc. 62.98 +5.49 (+9.55%)Top losersMRVL Marvell Technology, Inc. 62.87 -14.36 (-18.60%)CHA Chagee Holdings Limited 19.11 -2.89 (-13.14%)RMBS Rambus Inc. 73.77 -7.32 (-9.03%)DELL Dell Technologies Inc. 122.15 -11.90 (-8.88%)BLSH Bullish 59.03 -5.40 (-8.38%)Most activeWBA Walgreens Boots Alliance, Inc. 11.98 0.00 (0.00%)OPEN Opendoor Technologies Inc. 4.4500 +0.1800 (+4.22%)NVDA NVIDIA Corporation 174.18 -5.94 (-3.30%)LCID Lucid Group, Inc. 1.9800 -0.0900 (-4.35%)MRVL Marvell Technology, Inc. 62.87 -14.36 (-18.60%)Earnings eventsMy earnings eventsEarnings eventsTrending tickersBABA Alibaba Group Holding Limited 135.00 +15.43 (+12.90%)BTC-USD Bitcoin USD 107,783.95 -3,671.06 (-3.29%)ORCL Oracle Corporation 226.13 -14.19 (-5.90%)FLYY Spirit Aviation Holdings, Inc. 1.2200 -0.0300 (-2.40%)^IXIC NASDAQ Composite 21,455.55 -249.61 (-1.15%)Top economic events