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.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
la razón del alza del S&P 500 y los nuevos máximos...
United Kingdom United Kingdom Latest News, United Kingdom United Kingdom Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
S&P 500 heads for record as earnings reports signal a recession is nowhere near'Of the S&P 500 companies that have reported over the last month, just 32 mention recession on their calls,' says Nick Mazing of Sentieo. And then there is reality... Q1 GDP 3.1% Q2 GDP 2.0 % Q3 GDP forecasted at 1.5% By definition a recession is 2 or more quarters of negative GDP growth. We are not there yet but certainly moving in that direction A LOT of stocks tanked this earnings season with flat and negative revenue growth ?
Source: CNBC - 🏆 12. / 72 Read more »
What to watch today: Dow to rise, Alphabet to report earnings, and Brexit extension approvedU.S. stock futures point to a higher Wall Street open, giving the S&P 500 another chance to break its July record highs. None of the above. I’m going to watch trump get booed alllll day!!! Just keep printing baby
Source: CNBC - 🏆 12. / 72 Read more »
S&P 500 heads for record as earnings reports signal a recession is nowhere near'Of the S&P 500 companies that have reported over the last month, just 32 mention recession on their calls,' says Nick Mazing of Sentieo. And then there is reality... Q1 GDP 3.1% Q2 GDP 2.0 % Q3 GDP forecasted at 1.5% By definition a recession is 2 or more quarters of negative GDP growth. We are not there yet but certainly moving in that direction A LOT of stocks tanked this earnings season with flat and negative revenue growth ?
Source: CNBC - 🏆 12. / 72 Read more »
Today is historically the single best day for the stock market all yearOct. 28 has been the single best day of the year for stocks going back to 1950 with an average return of 0.54% on the S&P 500, according to LPL Financial. Another day of gains not based on any business fundamentals a ntfri What
Source: CNBC - 🏆 12. / 72 Read more »