were the second and third biggest contributors on the index for the month, climbing 13.8% and 7.1% respectively.
October's top 10 contributors to the S&P 500 are largely rounded out by other tech companies and banks: Facebook, Intel, Bank of America, Nvidia, Google-parent Alphabet, Microsoft and Biogen., while many of the technology stocks have gotten relief from optimism about trade negotiations in China. Companies like Apple and Nvidia have significant exposure to the trade war with China through supply chains and sales. Investors are also growing optimistic about Apple's iPhone sales.
Charter Communications, O'Reilly Auto, Illinois Tool Works and Sherwin Williams are a few other stocks that reached all-time highs on Friday. Both Phillips 66 and Valero traded at levels not seen since October last year.
la razón del alza del S&P 500 y los nuevos máximos...
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La source: CNBC - 🏆 12. / 72 Lire la suite »