Business
Nearly 20% of S&P 500 Stocks Hit 52-Week Highs Today
While a selloff in tech shares weighed on the market, 92 stocks in the S&P 500 hit one-year peaks, according to Dow Jones Market Data. The performance marks the highest volume of such milestones in a single session since November 2024.
Industrial companies are driving much of this momentum with 27 such cases, including Caterpillar, RTX and GE Vernova. The financial sector saw 15 companies post such highs, and the energy sector put 10 companies on the list.
Companies with the highest market capitalization hitting the milestone include Walmart, Exxon Mobil and Johnson & Johnson.