AAPL - Dow Jones Jumps as Apple Stock Rallies Salesforce.com Stock Slumps Ahead of Earnings
The Dow Jones Industrial Average (DJINDICES: ^DJI) was rallying on Tuesday, although it underperformed the other major stock indices. A new COVID-19 stimulus bill worth over $900 billion was unveiled by a bipartisan group of lawmakers, perhaps increasing the chances that stimulus legislation is passed before the Biden administration begins in January. The Dow was up about 0.93% at 2 p.m. EST.
Apple (NASDAQ: AAPL) was leading the Dow higher on Tuesday, surging more than 3% despite only minor news related to cloud access to its Mac computers for developers. Meanwhile, shares of Salesforce.com (NYSE: CRM) were lower a few hours before the software company was scheduled to report quarterly results and potentially announce the acquisition of Slack (NYSE: WORK) .
Image source: Apple.
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Dow Jones Jumps as Apple Stock Rallies, Salesforce.com Stock Slumps Ahead of Earnings