The stock market opened lower on Friday but later turned positive after shares of Apple, Amazon and Facebook soared following better-than-expected second quarter earnings results.KEY FACTS
The Dow fell by nearly 300 points earlier in the day, but the market recovered and turned positive thanks to continued strength in Big Tech stocks.
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U.S. Stock Futures Edge Higher as Tech Stocks RallyShares of Amazon.com, Facebook and Apple gained in offhours trading after the companies’ earnings highlighted the resilience of their operations during the coronavirus pandemic. Well good for them Rich getting richer! Just what we need How in the hell can the market be up, when US economy contracted by 1/3 last quarter and COVID is getting worse. scam
Source: WSJ - 🏆 98. / 63 Read more »