Thursday was a good day for the stock market as all the major market indices closed in green. The S&P 500 Index closed 0.89% higher, while the NASDAQ-100 was up 1.42%. At a sectoral level, the Technology sector ended up 2.03%, followed by Industrials at 1.35% and Communication Services at 1.22%.
While the majority of stocks experienced a positive day, it was an exceptionally great day for certain stocks as they reached new all-time highs on Thursday. NVIDIA Corp (NASDAQ:NVDA), Advanced Micro Devices Inc (NASDAQ:AMD), Uber Technologies Inc (NYSE:UBER), Visa Inc (NYSE:V), Costco Wholesale Corp (NASDAQ:COST), Intuitive Surgical Inc (NASDAQ:ISRG), Palo Alto Networks Inc (NASDAQ:PANW), T-Mobile US Inc (NASDAQ:TMUS), and Marriott International Inc (NASDAQ:MAR) are among the more popular names that all made new all-time highs on Jan. 18.
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All-Time High Stock Prices On Thursday
Nvidia:
- Market cap: $1.438 trillion
- New All-Time-High: $476
- 1 Yr Perf.: 228.64%
AMD:
- Market cap: $268.819 billion
- New All-Time-High: $168.60
- 1 Yr Perf.: 130.64%
Uber:
- Market cap: $134.090 billion
- New All-Time-High: $65
- 1 Yr Perf.: 124.03%
Visa:
- Market cap: $552.784 billion
- New All-Time-High: $268.78
- 1 Yr Perf.: 22.18%
Costco:
- Market cap: $305.281 billion
- New All-Time-High: $687.72
- 1 Yr Perf.: 46.61%
Other new all-time-highs made on Thursday included Intuitive Surgical at $374.18, Palo Alto Networks at $338.59, T-Mobile US at $165.38, and Marriott International at $233.06.
As companies announce their earnings for the fourth quarter, investors and analysts will gain additional insight into the financial dynamics shaping market trends heading into 2024.
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