Alphabet, Adobe are among the 15 S&P 500 names trading at fresh highs
Google-parent Alphabet and Adobe were among the 15 stocks that were trading at fresh highs on Thursday. The tech stocks were last higher by 0.9% and 2.2%, respectively.
Dow component Cisco Systems also hit a 52-week high. The communications stock last rose about 0.9% and helped to lift the 30-stock index.
Other tech stocks hit fresh highs as investors piled into a sector that suffered steep losses in August. All three major averages were higher Wednesday as they tried to end the month on a high note. The Dow was on pace for its fifth straight winning day.
Meanwhile, investors tilted away from defensive stocks. The three S&P 500 names trading at fresh lows were all consumer staples: $Dollar Tree (DLTR.US)$, $Dollar General (DG.US)$ and $General Mills (GIS.US)$. Consumer staples was the second-worst performer in the broader index, last down about 0.4%.
Here are some of the S&P 500 52-week highs:
$Alphabet-C (GOOG.US)$ trading at levels not seen since April 2022
$Adobe (ADBE.US)$ trading at levels not seen since January 2022
$Roper Technologies (ROP.US)$ trading at levels not seen since October 2021
$Cisco (CSCO.US)$ trading at levels not seen since February 2022
$Western Digital (WDC.US)$ trading at levels not seen since August 2022
$Fleetcor Technologies (FLT.US)$ trading at levels not seen since October 2021
$Verisk Analytics (VRSK.US)$ trading at all-time highs back to its IPO in September 2009
$Intuit (INTU.US)$ trading at levels not seen since February 2022
$TJX Companies (TJX.US)$ trading at all-time highs back to IPO in 1987
Dow component Cisco Systems also hit a 52-week high. The communications stock last rose about 0.9% and helped to lift the 30-stock index.
Other tech stocks hit fresh highs as investors piled into a sector that suffered steep losses in August. All three major averages were higher Wednesday as they tried to end the month on a high note. The Dow was on pace for its fifth straight winning day.
Meanwhile, investors tilted away from defensive stocks. The three S&P 500 names trading at fresh lows were all consumer staples: $Dollar Tree (DLTR.US)$, $Dollar General (DG.US)$ and $General Mills (GIS.US)$. Consumer staples was the second-worst performer in the broader index, last down about 0.4%.
Here are some of the S&P 500 52-week highs:
$Alphabet-C (GOOG.US)$ trading at levels not seen since April 2022
$Adobe (ADBE.US)$ trading at levels not seen since January 2022
$Roper Technologies (ROP.US)$ trading at levels not seen since October 2021
$Cisco (CSCO.US)$ trading at levels not seen since February 2022
$Western Digital (WDC.US)$ trading at levels not seen since August 2022
$Fleetcor Technologies (FLT.US)$ trading at levels not seen since October 2021
$Verisk Analytics (VRSK.US)$ trading at all-time highs back to its IPO in September 2009
$Intuit (INTU.US)$ trading at levels not seen since February 2022
$TJX Companies (TJX.US)$ trading at all-time highs back to IPO in 1987
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