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S&P 500 Hits New High on Apple Earnings: Stock Market Today

Kiplinger·Karee Venema·6 months ago
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(Image credit: CFOTO / Contributor)

Stocks were mostly positive to start the new month, with the latest round of corporate earnings lifting the S&P 500 and Nasdaq Composite to new record highs. The Dow Jones Industrial Average , on the other hand, wasn't so resilient, finishing Friday in the red as several high-priced components sold off.

At the close, the S&P 500 was up 0.3% at 7,230 and the Nasdaq had added 0.9% to 25,114 — fresh all-time closing highs. The Dow was down 0.3% at 49,499.

Earnings from Apple ( AAPL ) generated the most buzz, with the blue chip stock jumping 3.2% after its higher-than-expected fiscal second-quarter print.

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