These Stocks Hit 2023 Highs As Dow Heads For Best 2-Month Stretch Since November

Several large technology stocks soared Friday to their highest level this year as blockbuster earnings and uplifting economic data kept the blistering stock market’s momentum going.Shares of Alphabet , Meta and Intel each set 2023 highs as investors digested the Silicon Valley firms’ earnings reports earlier this week with a smile.

Airbnb, DoorDash, DraftKings, Intuit and Roku also rallied to their highest share price of the year Friday, gaining 3% or more. In addition to earnings, Friday’s release of the personal consumption expenditures inflation metric helped boost stocks, as it revealed price increasesThe tech-heavy Nasdaq notched a 2% gain by late afternoon, while the Dow Jones Industrial Average and S&P 500 rose roughly 1% apiece.

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