Shares of Alphabet Inc. Cl A GOOGL advanced 1.03% to $1,758.57 Thursday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index SPX rising 0.39% to 3,581.87 and the Dow Jones Industrial Average DJIA rising 0.15% to 29,483.23. The stock’s rise snapped a two-day losing streak. Alphabet Inc. Cl A closed $58.32 short of its 52-week high ($1,816.89), which the company achieved on November 9th.
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The stock outperformed some of its competitors Thursday, as Apple Inc. AAPL rose 0.52% to $118.64, Microsoft Corp. MSFT rose 0.63% to $212.42, and Facebook Inc. Cl A FB rose 0.36% to $272.94. Trading volume (981,484) remained 859,017 below its 50-day average volume of 1.8 M.