Tech companies, spearheaded by Apple, propelled the market on Thursday, resulting in the major averages turning positive.
The Dow Jones Industrial Average rebounded from its earlier loss of 143.72 points during the trading session, ultimately adding 201.94 points, or 0.54%, to reach a closing value of 37,468.61. The tech-centric Nasdaq Composite experienced a significant surge of 1.35%, closing at 15,055.65. Meanwhile, the S&P 500 climbed 0.88%, concluding at 4,780.94, and is now merely 15.62 points, or 0.33%, away from its previous closing record.
At present, the Nasdaq and the S&P 500 have both entered positive territory for the year, with gains of 0.30% and 0.23% respectively. However, the Dow remains in negative territory for the year, down 0.59%.
Source (CNBC)
