China went from headwind to tailwind for Apple: Dan Ives
Shares of Alphabet Inc. Cl A
GOOGL,
rose 1.07% to $126.01 Monday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index
SPX,
falling 0.20% to 4,273.79 and Dow Jones Industrial Average
DJIA,
falling 0.59% to 33,562.86.
This was the stock’s third consecutive day of gains.
Alphabet Inc. Cl A closed $0.42 short of its 52-week high ($126.43), which the company achieved on May 22nd.
The stock outperformed some of its competitors Monday, as Microsoft Corp.
MSFT,
rose 0.16% to $335.94, Amazon.com Inc.
AMZN,
rose 0.85% to $125.30, and Meta Platforms Inc.
META,
fell 0.45% to $271.39.
Trading volume (30.7 M) remained 3.6 million below its 50-day average volume of 34.3 M.
Editor’s Note: This story was auto-generated by Automated Insights, an automation technology provider, using data from Dow Jones and FactSet. See our market data terms of use.
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