Here are the S&P top gainers, losers a month after the benchmark dropped from its peak

The S&P 500 (SP500) is a month out after beginning its descent from all-time highs, but a recent string of wins has put the benchmark not far away from potentially hitting a fresh peak.

The index (SP500) on Monday notched its eighth consecutive gain, in recovery mode after a summer slide knocked it back from its all-time closing high of 5,667.21 on July 16. Into the record high, mega-cap tech stocks such as chipmaker Nvidia (NVDA) climbed as investors piled into the AI investment theme. But the S&P 500 (SP500)(SPY) a day after marking its high point dropped 1.4%, with semiconductor stocks worldwide hit in part by trade worries related to the U.S. and China.

Concerns that the U.S. economy is facing a recession and that the Federal Reserve – seeking a soft-landing – is behind on cutting interest rates, subsequently sent the S&P 500 (SP500)(VOO) down as much as 8.3% to a closing low of 5,199.57, on Aug. 8. Since then, it has narrowed the loss from its mid-July peak to 1.04% as of Monday’s close, at 5,608.25.

Here are the top 10 percentage gainers and losers on the S&P 500 (SP500)(IVV) over the past month through Monday’s close.

• Top 5 gainers:
• Kellanova (K) – 1-month gain: 37.5%
• Fortinet (FTNT) – 1-month gain: 27.8%
• Universal Health Services (UHS) – 1-month gain: 25.5%
• Howmet Aerospace (HWM) – 1-month gain: 22.8%
• 3M (MMM) – 1-month gain: 22.7%

• 5 biggest losing stocks:
• Intel (INTC) – 1-month loss: 37%
• DexCom (DXCM) – 1-month loss: 30.1%
• Moderna (MRNA) – 1-month loss: 25.7%
• Ford Motor (F) – 1-month loss: 23.3%
• Super Micro Computer (SMCI) – 1-month loss: 21.7%

Tags: NVDA