S&P 500 Gains 35 Points, Another Record High as Tech Giants Soar
The S&P 500 Index (SNPINDEX: ^GSPC) gained 35 points, a solid 1%, on Aug. 26, setting another all-time high, driven upwards by huge gains from tech giants Salesforce.com (NYSE: CRM), Netflix (NASDAQ: NFLX), Adobe (NASDAQ: ADBE), and Facebook (NASDAQ: FB).
The massive uplift from these four companies, which finished the day with a combined market cap approaching $1.5 trillion, helped buoy the market on a day that saw more stocks lose than gain.
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Source Fool.com
