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S&P Tops $20 Trillion

FYI:T The main U.S. stock indexes hit record intraday highs on Monday, with the S&P 500 topping $20 trillion in combined market-capitalization for the first time ever, as the "Trump trade" jump-started on renewed optimism about the economy.
Regards,
Ted
http://www.reuters.com/article/us-usa-stocks-idUSKBN15S1D3

Comments

  • edited February 2017
    Apple leads way.
    In 1998, when the S&P 500 closed above $10 trillion for the first time, Apple accounted for just under 0.06 percent of the index. It now accounts for about 3.5 percent of the S&P 500, according to S&P Dow Jones Indices.

    The 721 days that have passed since Apple's previous record-high close represent the largest gap between such milestones since the iPhone's launch in 2007.
    Apple has climbed 50 percent from lows in the first half of last year and is up 15 percent so far in 2017. It was still short of its all-time intraday high of $134.54, set on April 28, 2015.
    Apple shares cruised to a record-high close Monday, helping catapult the S&P 500 stock index over the $20 trillion mark
    Apple Inc.(NASDAQ:AAPL) 133.29 +1.17 (0.89%)
    https://www.yahoo.com/news/apple-closes-record-high-first-time-since-2015-211446066--finance.html?ref=gs
    Components of the S&P 500
    Company Weight
    Apple Inc. 3.555015
    Microsoft Corporation 2.507504
    Exxon Mobil Corporation 1.708433
    Amazon.com Inc. 1.630738
    http://slickcharts.com/sp500

    Tradingview has AAPL adjusted closing price of $.71 on 2/16/1998.
    https://www.tradingview.com/chart/?symbol=NASDAQ:AAPL
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