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How major US stock indexes fared Friday 5/5/2023

Por: ABC News Business May 06, 2023

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Apple was at the head of a widespread rally on Wall Street after the ’s most influential company reported a better profit than expected. Stocks of beaten-down banks also leapt Friday to recover a smidgen of their sharp losses from a brutal week. The S&P 500 rose 1.8%. The Dow Jones Industrial Average rose nearly 550 points and the Nasdaq composite tacked on 2.2%. Treasury yields jumped in the bond market after a report showed hiring... + full article



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