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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 -1.95% 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 -1.51% gained 1.5%, Microsoft Corp. /zigman2/quotes/207732364/composite MSFT -1.39% rose 1.0%, Alphabet Inc. /zigman2/quotes/202490156/lastsale GOOGL -2.46% /zigman2/quotes/205453964/composite GOOG -2.27% ran up 3.8%, Amazon.com Inc. /zigman2/quotes/210331248/composite AMZN -2.86% advanced 3.6% and Tesla Inc. /zigman2/quotes/203558040/composite TSLA -2.05% tacked on 1.9%. The index's biggest gainer was early-pandemic beneficiary Zoom Video Communications Inc.'s stock /zigman2/quotes/211319643/composite ZM -3.57% , which rose 7.8%. Meanwhile, the Dow Jones Industrial Average /zigman2/quotes/210598065/realtime DJIA -0.86% slumped 279 points, or 0.9%, and the S&P 500 /zigman2/quotes/210599714/realtime SPX -1.29% declined 0.9%.

/zigman2/quotes/210598364/realtime
US : Nasdaq
13,242.90
-263.09 -1.95%
Volume: 730,790
Aug. 19, 2022 5:16p
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/zigman2/quotes/202934861/composite
US : U.S.: Nasdaq
$ 171.52
-2.63 -1.51%
Volume: 70.30M
Aug. 19, 2022 4:00p
P/E Ratio
28.34
Dividend Yield
0.54%
Market Cap
$2798.72 billion
Rev. per Employee
$2.52M
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/zigman2/quotes/207732364/composite
US : U.S.: Nasdaq
$ 286.15
-4.02 -1.39%
Volume: 20.57M
Aug. 19, 2022 4:00p
P/E Ratio
29.67
Dividend Yield
0.87%
Market Cap
$2164.06 billion
Rev. per Employee
$897,149
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/zigman2/quotes/202490156/lastsale
US : U.S.: Nasdaq
$ 117.21
-2.96 -2.46%
Volume: 21.80M
Aug. 19, 2022 4:00p
P/E Ratio
21.81
Dividend Yield
N/A
Market Cap
$1572.01 billion
Rev. per Employee
$1.77M
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/zigman2/quotes/205453964/composite
US : U.S.: Nasdaq
$ 118.12
-2.74 -2.27%
Volume: 20.18M
Aug. 19, 2022 4:00p
P/E Ratio
21.98
Dividend Yield
N/A
Market Cap
$1572.01 billion
Rev. per Employee
$1.77M
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/zigman2/quotes/210331248/composite
US : U.S.: Nasdaq
$ 138.23
-4.07 -2.86%
Volume: 47.77M
Aug. 19, 2022 4:00p
P/E Ratio
123.71
Dividend Yield
N/A
Market Cap
$1449.69 billion
Rev. per Employee
$302,178
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/zigman2/quotes/203558040/composite
US : U.S.: Nasdaq
$ 890.00
-18.61 -2.05%
Volume: 20.44M
Aug. 19, 2022 4:00p
P/E Ratio
107.20
Dividend Yield
N/A
Market Cap
$949.03 billion
Rev. per Employee
$676,463
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/zigman2/quotes/211319643/composite
US : U.S.: Nasdaq
$ 99.50
-3.68 -3.57%
Volume: 3.75M
Aug. 19, 2022 4:00p
P/E Ratio
24.14
Dividend Yield
N/A
Market Cap
$30.79 billion
Rev. per Employee
$621,398
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/zigman2/quotes/210598065/realtime
US : Dow Jones Global
33,706.74
-292.30 -0.86%
Volume: 320.97M
Aug. 19, 2022 5:45p
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/zigman2/quotes/210599714/realtime
US : S&P US
4,228.48
-55.26 -1.29%
Volume: 2.22B
Aug. 19, 2022 5:45p
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