Stock Market Update: Dow Climbs, Apple Soars on US Investment Pledge Amidst Earnings Reports
Stock Market Update: Dow Climbs, Apple Soars on US Investment Pledge Amidst Earnings Reports The Dow Jones Industrial Average advanced yesterday, with other key large-cap stock indexes also closing near session highs, as investors actively processed a wave of corporate earnings reports. Market sentiment was further influenced by comments from a Federal Reserve official, who suggested that an interest-rate cut would be appropriate. Among the day’s significant movers, Apple stock surged on news reports indicating the company’s plan to announce…