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Shares of Alphabet, Google’s parent company, jumped Wednesday.
The S&P 500 added 0.5% on Wednesday, Sept. 3, 2025, bolstered by communications and tech stocks, while an uptick in job openings raised concerns about the labor market.
Shares of Google parent Alphabet notched the top performance in the benchmark index after a judge ruled the company would not have to divest its search engine.
Dollar Tree warned of near-term pressure from tariffs, and shares of the discount retailer tumbled.
Major U.S. equities indexes finished Wednesday mixed after a report from the Bureau of Labor Statistics showed that job openings in July declined from the previous month, suggesting that tariffs and elevated interest rates have been weighing on the labor market.
The S&P 500 added 0.5% on Wednesday. The Nasdaq gained 1%, buoyed by outperformance from the communication services and technology sectors. The Dow shed about 25 points to end with a loss of less than 0.1%. Read Investopedia’s full coverage of today’s trading here.
Alphabet (GOOGL, GOOG) shares soared more than 9%, outpacing all other S&P 500 stocks Wednesday to reaching an all-time high. The push higher came after a federal court ruled that the tech giant will not be required to sell off its Google search engine as the result of an antitrust lawsuit. The decision allows Alphabet to continue paying Apple (AAPL) for making Google the default search option on its iPhones and other devices. Analysts at Wedbush and JPMorgan lifted their price targets on Alphabet stock following the decision. Apple shares rose 3.8%.
Campbell’s (CPB) reported better-than-expected sales and adjusted profits for its fiscal fourth quarter, and shares of the packaged food company jumped 7.2%. CEO Mick Beekhuizen said the maker of soups and sauces benefitted from cautious consumer spending trends encouraging people to explore more eat-at-home options, bolstering Campbell’s meals and beverages business. Price increases also contributed to the results.
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