The U.S. stock market continues its unchallenged bull run, with Wall Street notching yet another week of record-breaking highs for the S&P 500 and Nasdaq 100 indices.
The persistent climb showcases the unwavering strength of the bullish sentiment, as stocks celebrate their 16th positive week out of the last 18. Since late October, this rally has propelled the S&P 500 index by 25% and the Nasdaq 100 by 30%.
This relentless momentum has also propelled the SPDR S&P 500 ETF Trust (SPY) – the world’s largest exchange-traded fund – to a monumental milestone, exceeding $500 billion in assets under management for the first time in history.
Trailing behind the SPY are BlackRock’s iShares Core S&P 500 ETF (IVV) with $442 billion and the Vanguard S&P 500 ETF (VOO) with $413 billion under management.
During Friday’s session, notable milestones were achieved among S&P 500 components. Nvidia Corp (NVDA) ascended to a market capitalization eclipsing $2 trillion, Eli Lilly and Company (LLY) surpassed $700 billion, and Broadcom Inc (AVGO) outpaced Tesla Inc. (TSLA) to become the eighth-most valuable company.
Chart: SPY Is First ETF To Reach $500 Billion In AUM
Top-Performing S&P 500 Stocks Friday
The following are the five top-performing stocks within the S&P 500 on Friday:
| Stock Name | Sector | Price | 1-Day Return % |
|---|---|---|---|
| NetApp, Inc. NTAP | Information Technology | 106.93 | 19.98% |
| The Cooper Companies, Inc. COO | Health Care | 102.07 | 9.05 |
| Western Digital Corporation WDC | Information Technology | 63.99 | 7.61 |
| Broadcom Inc. AVGO | Information Technology | 1,392.56 | 7.08 |
| DexCom, Inc. DXCM | Health Care | 121.19 | 5.32 |
Top 10 Performing S&P 500 Stocks Year-To-Date
The top-performing S&P 500 stocks year-to-date are as follows:
| Company | YTD Return | Market Cap |
| NVIDIA Corporation | 65.43% | $2,016B |
| Constellation Energy Corporation CEG | 44.19% | $53.37B |
| Meta Platforms, Inc. CEG | 41.97% | $1,281.15B |
| Advanced Micro Devices, Inc. CEG | 36.55% | $325.24B |
| Eli Lilly and Company | 33.72% | $701.64B |
| Uber Technologies, Inc. UBER | 31.30% | $167.86B |
| Applied Materials Inc. AMAT | 29.60% | $174.53B |
| Ralph Lauren Corporation RL | 28.68% | $11.86B |
| Tapestry, Inc. TPR | 28.57% | $10.85B |
| Catalent, Inc. CTLT | 28.18% | $10.34B |
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