Markets Mixed Friday as Technology Once Again Leads 52-Week Highs

During trading Friday, 147 stocks traded to a 52-week high, while 14 stocks bottomed out at new 52-week lows. The S&P 500 is down 0.12% so far today while the Dow is down 0.29%, the Nasdaq is up 0.11%, and the Russell 2000 is down 0.7%.

Markets are mixed Friday with the tech-heavy NASDAQ leading the major indices as traders take in new economic data from the monthly jobs report. The Employment Situation Report for August showed the economy added 235,000 jobs, far below economists estimates for 750,000 coming off July’s huge 1.05 million added. Despite this miss on jobs added the unemployment rate fell to 5.2% from 5.4%, meeting analysts projections. Lastly, average hourly earnings rose 0.6% beating out estimates for a 0.3% increase.

Sector Highlights

Technology stocks dominated our list of highs today with 52 out of the 147 total stocks that reached their high coming from the Technology sector. The Technology sector is outperforming the market, increasing 0.42% so far on the day. Over the last month the Technology sector has outperformed the market, increasing 3.41% while the S&P increased 3.22%.

Tech stocks carried the market this week with the tech-heavy NASDAQ leading all major indices with a 1.5% increase over the week while the Dow Jones actually fell. Friday saw tech stocks account for over a third of all highs set during trading alone.

Technology: ACN, ADBE, AMKR, ASAN, AVLR, BILL, CDAY, CDNS, CDW, CLFD, CVLT, CYBR, DOCN, DT, FN, G, GDYN, GLOB, HCKT, III, IT, KEYS, KLIC, LSCC, MDB, MIME, MSI, MXL, NET, NOW, NTAP, NTNX, NUAN, ON, PAYC, PRFT, RDWR, RPD, S, SEMR, SMAR, SNPS, SPSC, SPT, SWCH, SYNA, TASK, TEAM, VICR, WK, ZBRA, ZS,

Healthcare had the second largest presence on our 52-week highs, with 32 out of 147 highs coming from the Healthcare sector. The Healthcare sector is outperforming the market today, decreasing 0.11% so far on the day. Over the last month the Healthcare sector has outperformed the market, increasing 3.4% while the S&P increased 3.22%.

Healthcare stocks account for the second most highs despite the sector trading lower overall. However, the sector is outperforming the market over the past month and is trading right in line with tech stocks in that same time frame.

Healthcare: A, ABT, ACHC, AMN, AXNX, BHVN, BRKR, CERE, CLDX, COO, CRL, CRNX, CTLT, DGX, DOCS, ERAS, EVH, GLUE, ICLR, IMPL, KZR, MDXG, MEDP, OPRX, PAVM, PRTA, RGEN, STVN, SYNH, TECH, WST, ZTS,

The Lists

The following stocks traded to 52-week highs: A, ABT, ACHC, ACN, ADBE, ALEX, ALLE, AMK, AMKR, AMN, AMR, AMT, AON, AR, ARES, ARLP, ASAN, ASIX, ASPN, AVLR, AVTR, AWK, AXNX, BDC, BHVN, BILL, BIP, BJ, BNL, BRKR, BRP, BSM, BX, CAR, CDAY, CDNS, CDW, CEIX, CERE, CLDX, CLFD, CMRE, CODI, COO, COOP, COST, CRC, CRK, CRL,

The following stocks traded to 52-week lows:

CURV, EAR, ESPR, FBRX, GDEV, HRL, KAMN, NLS, OPAD, REAL, SAM, SFTW, STNE, YEXT,

No ETFs traded to a 52-week low today.