S&P 500 Index Logs Best Streak of Weekly Gains Since February
The S&P 500 (NYSE:SPY) has notched its longest streak of weekly gains since February, as speculation mounts that European leaders will hammer out a deal to rescue banks on the precipice of failure in Greece and other countries. Over the past month, the S&P 500 has advanced 108.69 points, or 9.6%, to 1,238.25. Over three months, the index has declined 106.77 points, or 7.98%. It is down 7.4% over the 6 month period, and year-to-date it is down 1.54%, having lost 19.39 points.
Following is some information on some of the most active stocks in the index.
- Wells Fargo & Co. (NYSE:WFC): The shares recently traded at $26.31, up $0.55, or 2.14%, on the day. The shares have traded in a 52-week range of $22.58 to $34.25 and its market capitalization is $138.91 billion. About the company: Wells Fargo & Company is a diversified financial services company providing banking, insurance, investments, mortgage, leasing, credit cards, and consumer finance. The Company operates through physical stores, the Internet and other distribution channels across North America and elsewhere internationally.
- Alcoa, Inc. (NYSE:AA): The shares recently traded at $10.23, up $0.28, or 2.81%, on the day. The shares have traded in a 52-week range of $8.45 to $18.47 and its market capitalization is $10.89 billion. About the company: Alcoa, Inc. produces primary aluminum, fabricated aluminum, and alumina, and participates in mining, refining, smelting, fabricating, and recycling. The Company serves customers worldwide primarily in the transportation, packaging, building, and industrial markets with both fabricated and finished products.
- Boeing Co. (NYSE:BA): The shares recently traded at $64.59, up $2.10, or 3.36%, on the day. The shares have traded in a 52-week range of $56.01 to $80.65 and its market capitalization is $47.87 billion. About the company: The Boeing Company, together with its subsidiaries, develops, produces, and markets commercial jet aircraft, as well as provides related support services to the commercial airline industry worldwide. The Company also researches, develops, produces, modifies, and supports information, space, and defense systems, including military aircraft, helicopters, and space and missile systems.
- McDonald’s Corp. (NYSE:MCD): The shares recently traded at $92.32, up $3.31, or 3.72%, on the day. The shares have traded in a 52-wee k range of $72.14 to $92.45 and its market capitalization is $95.25 billion. About the company: McDonald’s Corporation operates and franchises fast-food restaurants worldwide. The Company’s franchised and company operated fast food restaurants offer a variety of low price fast foods in locations around the world.
- Honeywell International, Inc. (NYSE:HON): The shares recently traded at $51.28, up $2.82, or 5.82%, on the day. The shares have traded in a 52-week range of $41.22 to $62.28 and its market capitalization is $40.12 billion. About the company: Honeywell International, Inc. is a diversified technology and manufacturing company with operations around the world. The Company provides aerospace products and services, control technologies, automotive products, and power generation systems. Honeywell also provides specialty chemicals, fibers, plastics, and electronic and advanced materials.
(Note: Selected financial data are sourced from Google Finance. All data are assumed to be accurate.)
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