Friday, July 12, 2019

A Record Day for the S&P


The S&P 500 Index  hit an all-time intraday high on Wednesday, rising above 3,000 for the first time, before closing at 2,993, its second-highest close. More remarkably, of the S&P’s 500 components, a whopping 54 stocks hit intraday highs as well.

Among the more notable names setting new highs:

  • PayPal, which is up 42 percent year-to-date
  • Lockheed Martin, up 41 percent
  • Microsoft, up 36 percent
  • Starbucks, up 37 percent
  • American Express, up 33 percent
  • Costco, up 33 percent
  • Oracle, up 33 percent
  • Waste Management, up 32 percent
  • Walt Disney, up 31 percent
  • Dollar General, up 30 percent

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