the republic logo

US stock market rises in early trading after big earnings from Apple, Boeing

bug
Share/Save/Bookmark

NEW YORK — The U.S. stock market is opening high after impressive earnings from Apple and Boeing.

The Dow Jones industrial average rose 61 points, or 0.4 percent, to 17,448 in early trading Wednesday. The Standard & Poor's 500 climbed 12 points, or 0.6 percent, to 2,041. The Nasdaq jumped 55 points, or 1.2 percent, to 4,737.

Apple jumped 7 percent after reporting record iPhone sales and earnings in its latest quarter. It was one of the top gainers in the S&P 500. Boeing rose 3.4 percent after commercial-jet demand boosted its profit and helped it easily top expectations

Alibaba's stock fell 3.4 percent after Chinese regulators accused the e-commerce giant of allowing sales of fake goods and hurting consumers. Alibaba said that the regulator was biased and accused it of misconduct.

Think your friends should see this? Share it with them!

Story copyright 2015 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Feedback, Corrections and Other Requests: AP welcomes feedback and comments from readers. Send an email to info@ap.org and it will be forwarded to the appropriate editor or reporter.


We also have more stories about:
(click the phrases to see a list)

Category:

Follow The Republic:

All content copyright ©2015 The Republic, a division of Home News Enterprises unless otherwise noted.
All rights reserved. Privacy policy.