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Stocks leading S&P 500 to 3,000

Jul. 11, 2019 5:48 AM ETBy: Yoel Minkoff, SA News Editor1 Comment
  • The record-long bull market run capped another milestone on Wednesday as the S&P 500 jumped above 3,000 for the first time, nearly five years after the index hit 2,000 on August 26, 2014.
  • Stocks in the tech sector powered the historic rally since August 26, 2014, including Nvidia (+728) and Advanced Micro Devices (+707), as well as FANGs - Amazon (+489%) and Netflix (+455%) - while oil companies were among the laggards.
  • Medical implant manufacturer Abiomed led the herd by far, surging a whopping 909%, while fifth best was MarketAxess, which climbed 487% on a rising tide of interest in electronic bond trading on Wall Street.

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