Apple Boosts Wall Street as Stock Market Rises Broadly

New York stock exchange rose on a broad front on Wednesday.

» Published: August 06 2025 at 22:07

Apple Boosts Wall Street as Stock Market Rises Broadly
Photo: Seth Wenig/AP-TT

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The rise was led by Apple, plus 5.1 percent, after the White House announced that the IT giant is expected to increase its investments in the USA by 100 billion dollars, approximately 961 billion kronor, over the next four years.

Another winner was the fast food chain McDonald's, which reported higher profits and larger sales during the previous quarter than the analysts had predicted. The share lifted 3.0 percent.

It went worse for the entertainment group Disney, whose interim report conversely disappointed the investors. The analysts had also expected the company to increase the profit forecast for the full year to a higher amount. The Disney share lost 2.7 percent.

The broad S&P 500 index rose 0.7 percent, the Dow Jones industrial index increased 0.2 percent and the technology-heavy Nasdaq composite index lifted 1.2 percent.

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By TTEnglish edition by Sweden Herald, adapted for local and international readers
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