A trader works on the floor of the New York Stock Exchange in New York March 9, 2020. — Reuters picNEW YORK, April 29 — Wall Street stocks rose early today following blowout earnings from Apple and Facebook and economic reports showing strong US growth and lower jobless claims.
The results — which extend a trend of outperformance by tech giants in the pandemic — lifted Apple shares by 0.8 per cent and Facebook by 6.0 per cent The Dow Jones Industrial Average climbed 0.4 per cent to 33,960.78, while the broad-based S&P 500 advanced 0.7 per cent to 4,213.46.