Last week saw plenty of change in the top-10 list of market cap leaders, but
retained the top spot, with a market cap of $469.4 billion for the week ended Jan. 5.
made the biggest jump last week, moving up four places from No. 7 to No. 3. Its market cap now stands at $269.8 billion.
, which had fallen out of the top-10 list for the week ended Dec. 29, made its way back this past week, coming in at No. 8, with a market cap of $215.8 billion.
, which occupied the No. 9 spot the week ended Dec. 29, fell off the list after the
Federal Open Market Commitee
lowered interest rates last week and sent investors scurrying out of the defensive stocks that had been hiding places prior to the Fed cutting interest rates.
The top 10 stocks now have a combined market cap of $2.696 trillion, little changed from last week.