By Xavier Martinez
A significant number of stocks in the S&P 500 reached new 52-week intraday highs during Wednesday trading, signaling a broadening of market participation despite a retreat in the technology sector.
-- While a selloff in tech shares weighed on major indexes, 82 stocks in the S&P 500 hit one-year peaks by midday, according to Dow Jones Market Data. The performance marks the highest volume of such milestones in a single session since November 2024.
-- Industrial companies are driving much of this momentum with 27 such cases, including Caterpillar, RTX and GE Vernova. The financial sector saw 14 companies post such highs.
-- Information technology had six companies with intraday highs, fewer than any sector aside from real estate and utilities.
-- Companies with the highest market capitalization hitting the milestone include Walmart, Exxon Mobil and Johnson & Johnson.
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(END) Dow Jones Newswires
February 04, 2026 13:45 ET (18:45 GMT)
Copyright (c) 2026 Dow Jones & Company, Inc.
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