Has my stock been accused of fraud?Join over 160k users who know.

Ticker Price Change($) Change(%) Shares Volume Prev Close Open Gain($) Gain(%)
Ticker Status Jurisdiction Filing Date CP Start CP End CP Loss Deadline
Ticker Case Name Status CP Start CP End Deadline Settlement Amt
Ticker Name Date Analyst Firm Up/Down Target ($) Rating Change Rating Current

News

Record-High S&P 500 Propels SPY ETF To $500-Billion Milestone, Nvidia Tops $2 Trillion, Broadcom Surpasses Tesla

Author: Piero Cingari | March 01, 2024 05:05pm

The U.S. stock market continues its unchallenged bull run, with Wall Street notching yet another week of record-breaking highs for the S&P 500 and Nasdaq 100 indices.

This ongoing surge demonstrates the remarkable strength of the bullish sentiment, with stocks marking their 16th positive week out of the last 18. Since late October, this rally has propelled the S&P 500 index by 25% and the Nasdaq 100 by 30%.

The momentum on Wall Street has also catapulted the SPDR S&P 500 ETF Trust (NYSE:SPY) – the world’s largest exchange traded fund – to a historic milestone, surpassing $500 billion in assets under management for the first time ever.

Trailing behind the SPY are BlackRock’s iShares Core S&P 500 ETF (NYSE:IVV) with $442 billion, and the Vanguard S&P 500 ETF (NYSE:VOO) with $413 billion under management.

Other notable milestones were achieved among S&P 500 components during Friday’s session. Nvidia Corp (NASDAQ:NVDA) reached a market capitalization exceeding $2 trillion, Eli Lilly and Company (NYSE:LLY) surpassed $700 billion and Broadcom Inc. (NASDAQ:AVGO) overtook Tesla Inc. (NASDAQ:TSLA) to become the eighth-most valuable company.

Chart: SPY Is First ETF To Reach $500 Billion In AUM

Top-Performing S&P 500 Stocks Friday

The following are the five top-performing stocks within the S&P 500 on Friday:

Stock NameSectorPrice1-Day Return %
NetApp, Inc. (NASDAQ:NTAP)Information Technology106.9319.98%
The Cooper Companies, Inc. (NASDAQ:COO)Health Care102.079.05
Western Digital Corporation (NASDAQ:WDC)Information Technology63.997.61
Broadcom Inc. (NASDAQ:AVGO)Information Technology1,392.567.08
DexCom, Inc. (NASDAQ:DXCM)Health Care121.195.32

Top 10 Performing S&P 500 Stocks Year-To-Date

The top-performing S&P 500 stocks year-to-date are as follows:

CompanyYTD ReturnMarket Cap
NVIDIA Corporation65.43%$2,016B
Constellation Energy Corporation (NASDAQ:CEG)44.19%$53.37B
Meta Platforms, Inc. (NASDAQ:CEG)41.97%$1,281.15B
Advanced Micro Devices, Inc. (NASDAQ:CEG)36.55%$325.24B
Eli Lilly and Company 33.72%$701.64B
Uber Technologies, Inc. (NYSE:UBER)31.30%$167.86B
Applied Materials Inc. (NASDAQ:AMAT)29.60%$174.53B
Ralph Lauren Corporation (NYSE:RL)28.68%$11.86B
Tapestry, Inc. (NYSE:TPR)28.57%$10.85B
Catalent, Inc. (NYSE:CTLT)28.18%$10.34B

Read now: Top Stocks Not Named Nvidia You Need To Know About In 2024: Here’s What Investors Think About Them (Wall Street Vs. Reddit)

Photo via Shutterstock.

Posted In: AMAT AVGO CEG COO CTLT DXCM IVV JNPR LLY NTAP NVDA RL SPY TPR TSLA UBER VOO WDC

CLASS ACTION DEADLINES - JOIN NOW!

NEW CASE INVESTIGATION

CORE Finalist