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July 5, 2022, 3:00 p.m. EDT

Tech giants fuel Nasdaq 100's surge, even as Dow, S&P 500 fall

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By Tomi Kilgore

Rallies in the shares of the biggest technology company's helped lift the tech-heavy Nasdaq 100 /zigman2/quotes/210598364/realtime NDX +2.06% to a healthy gain, even as the broader stock market was selling off. The Nasdaq 100 climbed 1.3% in afternoon trading, reversing an earlier drop of as much as 1.9%, as the index's top-five most valuable companies by market capitalization all rose. Shares of Apple Inc. /zigman2/quotes/202934861/composite AAPL +2.14% gained 1.5%, Microsoft Corp. /zigman2/quotes/207732364/composite MSFT +1.70% rose 1.0%, Alphabet Inc. /zigman2/quotes/202490156/composite GOOGL +2.39% /zigman2/quotes/205453964/composite GOOG +2.36% ran up 3.8%, Amazon.com Inc. /zigman2/quotes/210331248/composite AMZN +2.07% advanced 3.6% and Tesla Inc. /zigman2/quotes/203558040/composite TSLA +4.68% tacked on 1.9%. The index's biggest gainer was early-pandemic beneficiary Zoom Video Communications Inc.'s stock /zigman2/quotes/211319643/composite ZM +1.35% , which rose 7.8%. Meanwhile, the Dow Jones Industrial Average /zigman2/quotes/210598065/realtime DJIA +1.27% slumped 279 points, or 0.9%, and the S&P 500 /zigman2/quotes/210599714/realtime SPX +1.73% declined 0.9%.

/zigman2/quotes/210598364/realtime
US : Nasdaq
13,565.87
+273.89 +2.06%
Volume: 699,496
Aug. 12, 2022 5:16p
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/zigman2/quotes/202934861/composite
US : U.S.: Nasdaq
$ 172.10
+3.61 +2.14%
Volume: 68.04M
Aug. 12, 2022 4:15p
P/E Ratio
28.44
Dividend Yield
0.53%
Market Cap
$2765.78 billion
Rev. per Employee
$2.52M
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/zigman2/quotes/207732364/composite
US : U.S.: Nasdaq
$ 291.91
+4.89 +1.70%
Volume: 22.62M
Aug. 12, 2022 4:00p
P/E Ratio
30.27
Dividend Yield
0.85%
Market Cap
$2177.03 billion
Rev. per Employee
$897,149
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/zigman2/quotes/202490156/composite
US : U.S.: Nasdaq
$ 121.68
+2.84 +2.39%
Volume: 19.10M
Aug. 12, 2022 4:00p
P/E Ratio
22.64
Dividend Yield
N/A
Market Cap
$1593.44 billion
Rev. per Employee
$1.77M
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/zigman2/quotes/205453964/composite
US : U.S.: Nasdaq
$ 122.65
+2.83 +2.36%
Volume: 16.12M
Aug. 12, 2022 4:00p
P/E Ratio
22.82
Dividend Yield
N/A
Market Cap
$1593.44 billion
Rev. per Employee
$1.77M
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/zigman2/quotes/210331248/composite
US : U.S.: Nasdaq
$ 143.55
+2.91 +2.07%
Volume: 47.64M
Aug. 12, 2022 4:00p
P/E Ratio
128.47
Dividend Yield
N/A
Market Cap
$1462.42 billion
Rev. per Employee
$302,178
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/zigman2/quotes/203558040/composite
US : U.S.: Nasdaq
$ 900.09
+40.20 +4.68%
Volume: 26.55M
Aug. 12, 2022 4:00p
P/E Ratio
108.41
Dividend Yield
N/A
Market Cap
$940.14 billion
Rev. per Employee
$676,463
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/zigman2/quotes/211319643/composite
US : U.S.: Nasdaq
$ 109.52
+1.46 +1.35%
Volume: 2.49M
Aug. 12, 2022 4:00p
P/E Ratio
26.57
Dividend Yield
N/A
Market Cap
$32.68 billion
Rev. per Employee
$621,398
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/zigman2/quotes/210598065/realtime
US : Dow Jones Global
33,761.05
+424.38 +1.27%
Volume: 320.97M
Aug. 12, 2022 6:27p
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/zigman2/quotes/210599714/realtime
US : S&P US
4,280.15
+72.88 +1.73%
Volume: 2.22B
Aug. 12, 2022 6:27p
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