Apple rally fuels tech share turnaround, lifting US stocks

Tech shares were back on their front foot Friday following solid Apple results, boosting the Nasdaq nearly three percent and adding to weekly gains. Apple, the biggest company in terms of market value, soared nearly eight percent after reporting higher profits despite lower-than-expected iPhone sales. Apple’s surge helped offset a comparable drop in Amazon shares […]

from Daily Times https://ift.tt/9QFsU6Y