New records on Wall Street
Photo: Richard Drew/AP/TT

New records on Wall Street as Apple rises after its quarterly report

After hitting a record the previous day, the New York Stock Exchange set two new records on Friday. Technology giant Apple rose after its quarterly report.

The Dow Jones industrial average fell 0.3 percent while the broad-based S&P 500 index rose 0.3 percent and the tech-heavy Nasdaq composite index rose 0.9 percent, according to CNBC.

Thus, the S&P 500 and Nasdaq closed at a new record level for the second day in a row.

Apple's report after the stock market closed on Thursday evening was well-received by the market. On Friday, the stock rose 3.3 percent.

During the week as a whole, the Dow climbed 0.6 percent, the S&P 500 1 percent and the Nasdaq 1.1 percent.

April was the best month for the S&P 500 since November 2020, up over 10 percent. The Nasdaq had its best month since April 2020, up just over 15 percent.

The Dow rose over 7 percent for its strongest month since November 2024.

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AuthorTT News AgencyEnglish edition by Sweden Herald, adapted for our readers
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