Printed: Aug. 26, 2020 at 4:26 p.m. ET
Shares of Amazon.com Inc.
rallied 2.85% to $3,441.85 Wednesday, on what proved to be an all-around favorable buying and selling session for the stock market, with the S&P 500 Index
rising 1.02% to three,478.73 and the Dow Jones Industrial Common
rising 0.30% to 28,331.92. This was the stock’s third consecutive day of positive aspects. Amazon.com Inc. hit a brand new 52-week excessive, surpassing its earlier peak of $3,380.32, which the corporate reached on August 24th.
The stock outperformed a few of its opponents Wednesday, as Microsoft Corp.
rose 2.16% to $221.15, Alphabet Inc. Cl A
rose 2.38% to $1,644.13, and Walmart Inc.
rose 0.05% to $130.70. Buying and selling quantity (6.Four M) eclipsed its 50-day common quantity of 4.7 M.
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Editor’s Observe: This story was auto-generated by Automated Insights utilizing knowledge from Dow Jones and FactSet. See our market knowledge phrases of use.