US Edition
Rally for Apple Recovers More Wall St. Losses
UNITED STATES, AUG 6 – Apple's 5% stock gain followed a $100 billion U.S. investment plan over four years, driving Wall Street higher with the S&P 500 up 0.7%, boosting market confidence.
- Thursday, Wall Street closed higher, with the S&P 500 up 0.7%, the Dow rising 0.2%, and the Nasdaq gaining 1.2%, supported by a 5.1% increase in Apple Inc. shares.
- Apple Inc. announced an increase to its U.S. investments of an additional $100 billion over four years at a White House event, following Trump's tariff exemption policy. TSMC is ramping up U.S. capacity to mitigate tariffs.
- Apple Inc. shares contributed to the market rise, while Shopify surged 20.2% and AMD fell 7.2%.
- Amid tariff worries, investor confidence improved as a rally for Apple helped U.S. stocks reclaim losses from last week, supported by hopes for Federal Reserve rate cuts.
- Asian shares mostly advanced with scant reaction to higher tariffs on exports to the United States, and the U.S. Treasury 10-year yield held at 4.22% late Tuesday.
22 Articles
22 Articles
Apple Rally Has Stock on Verge of Overcoming Technical Roadblock
Apple Inc.’s two-day surge has it on the cusp of ending a prolonged run under a key technical threshold that’s been symbolic of its struggle to convince investors that it can deliver on artificial intelligence and manage its tariff risks.
The Killeen Daily Herald
Asian shares mostly climb after a rally for Apple leads Wall Street higher
Asian shares are mostly higher after a rally for Apple led Wall Street gains. Markets appeared to have scant if any reaction to higher tariffs on exports to the United States that took effect early Thursday. U.S. futures were mixed…
Antigo Daily Journal
Asian shares mostly climb after a rally for Apple led Wall Street higher
Asian shares are mostly higher after a rally for Apple led Wall Street gains. Markets appeared to have scant if any reaction to higher tariffs on exports to the United States that took effect early Thursday. U.S. futures were mixed…
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