Apple tops $1T market capitalization
The price of Apple moved above $207.04 and that was good enough to push the market capitalization above $1T. That made it the first US corporation to have that lofty value. It closed at $207.39, up 2.92% up $5.89 or 2.92%.
The rise, helped to push the tech heavy Nasdaq higher. It rose an impressive 1.24% on the day. The S&P closed higher but lagged the gains of the Nasdaq. The Dow ended down marginally.
The final numbers:
- The Nasdaq rose 95.39 points or 1.24% at 7802.68. The high extended to 7808.85. The low reached 7659.52
- The S&P rose 13.86 points or 0.49% at 2827.22. The high reached 2829.91. The low extended to 2796.34
- The Dow fell -7.66 points or -0.03% at 25326. The high reached 25360 while the low extended to 25120.
Some winners on the day included:
- Tesla, up 16.19% after beating earnings expectations
- Apple up 2.92%
- Square, up 8.75%
- Chipotle, up 4.02%
- Twitter, up 2.85%
- Facebook up 2.75%
- Amazon, up 2.07%
- Netflix, up 1.81%
- Adobe, up 1.70%
- Nvidia, up 1.68%
- Cisco up 1.60%
Financial gave back some of their recent gains/underperformed:
- Charles Schwab, -1.43%
- Goldman Sachs, -0.80%
- Morgan Stanley, -0.74%
- Citigroup, -0.13%
- Bank of America, +0.06%
Other losers included:
- Wynn Resorts, -6.53%
- Daimler, -1.43%
- General Motors, -1.39%
- McDonald's, -0.98%
- AliBaba, -1.45%
- Schlumberger, -1.07%
- Boeing, -0.83%
- Caterpillar, -0.39%
- Gilead, -0.35%
- Home Depot, -0.33%
- Disney, -0.20%