Top Stock Gainers Today, 5/13/26

The S&P 500 (SPX) rallied to another new all-time high on Wednesday, powered by tech and consumer discretionary stocks.

Claim 55% Off TipRanks

Let’s break down the sectors behind the performance.

Today’s Top-Performing Sector 

Communication services was the top-performing sector on Wednesday, driven by strength from megacap names. EchoStar (SATS) was a top performer after the U.S. Federal Communications Commission green-lit its $40 billion sale of wireless spectrum to SpaceX and AT&T ​(T). In addition, gains in digital advertising and media stocks helped lift the sector.

Several communication services stocks led the sector’s gains, including:

• Alphabet (GOOGL)
• EchoStar (SATS)
• Live Nation Entertainment (LYV)
• Meta Platforms (META)
• News Corp (NWSA)

Today’s Worst-Performing Sector 

Meanwhile, the utilities sector faced the largest drawdown as investors rotated out of defensive names. Long-term bond yields ticked higher following an elevated Producer Price Index (PPI) update from the Bureau of Labor Statistics (BLS). Utilities are sensitive to yields because many investors buy them for their steady dividends. When bond yields rise, those dividends become less attractive.

Notable stocks trading lower include:

• Constellation Energy (CEG)
• NRG Energy (NRG)
• American Electric Power (AEP)
• Vistra (VST)
• Public Service Enterprise Group (PEG)