World News

Alphabet public market capitalization tops $1 trillion

NEW YORK (Reuters) – The public market capitalization of Google parent Alphabet <GOOGL.O> topped the $1 trillion mark shortly before the close of trading on Thursday, making it the fourth S&P 500 component to top the lofty level.

The company joined Microsoft <MSFT.O>, <AMZN.O> and Apple <AAPL.O> in crossing the threshold as its shares closed up 0.76% at $1,450.16 on the session.

(Reporting by Chuck Mikolajczak; Editing by Chris Reese)