This article was automatically generated by Dow Jones using technology from Automated Insights.
Shares of Applied Materials Inc. advanced 5.7% to $284.32 on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.6% to 6,902.05 and the Dow Jones Industrial Average rising 1.2% to 48,977.18.
This was the stock's second consecutive day of gains.
Applied Materials Inc. hit a new 52-week high, surpassing its previous peak of $276.10, which the company reached on December 10th.
The stock outperformed some of its peers, as Broadcom Inc. fell 1.2% to $343.42, Qualcomm Inc. rose 1.9% to $176.31, and Advanced Micro Devices Inc. fell 1.07% to $221.08.
Trading volume totaled 10.3 million, compared to the 50-day average of 7.2 million.
Data source: Dow Jones Market Data, FactSet
(END) Dow Jones Newswires
January 05, 2026 16:34 ET (21:34 GMT)
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