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

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New records on Wall Street as Apple rises after its quarterly report
Photo: Richard Drew/AP/TT

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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By TT News AgencyEnglish edition by Sweden Herald, adapted for our readers

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