The New Record-Setters

Thanks to a handful of favorable earnings reports, the S&P 500 index rose 0.6 percent yesterday, to close at 3,039, finishing above its previous record of 3,028, set on July 26. The gains were widespread, with the following S&P components all setting new highs at the close yesterday:

• Allegion
• Alphabet Inc.
• Apple
• CDW Corp.
• Charter Communications 
• Dover Corp.
• First Republic Bank
• JPMorgan Chase 
• KLA Corp.
• Lam Research 
• Microsoft 
• Sherwin-Williams 
• United Technologies Corp.
• Xylem 

For Alphabet, Google's parent, the record high was short-lived. After reporting that it missed analysts' earnings estimates, the stock dropped by 2 percent in after-hours trading.