Shares of Microsoft Corp. /zigman2/quotes/207732364/composite MSFT -0.07% advanced 1.68% to $286.14 Thursday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index /zigman2/quotes/210599714/realtime SPX +0.15% rising 0.20% to 4,367.48 and the Dow Jones Industrial Average /zigman2/quotes/210598065/realtime DJIA +0.10% rising 0.07% to 34,823.35. This was the stock's third consecutive day of gains. Microsoft Corp. hit a new 52-week high, surpassing its previous peak of $284.10, which the company reached on July 16th.
The stock outperformed some of its competitors Thursday, as Apple Inc. /zigman2/quotes/202934861/composite AAPL +0.06% rose 0.96% to $146.80, Alphabet Inc. Cl A /zigman2/quotes/202490156/composite GOOGL +0.71% rose 0.68% to $2,568.43, and SAP SE ADR /zigman2/quotes/207905606/composite SAP -1.58% rose 0.34% to $139.33. Trading volume (23.2 M) remained 719,224 below its 50-day average volume of 23.9 M.