Apple News Sinks Semiconductor Stock

It was a broad-based rally on Wall Street

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Market Recap
 
 

4/01/2019

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Tech, Financials Lead Stock Market Rally

By Emma Duncan

Share On

Stocks had a strong showing today, rallying out of the gate for a convincing start to the second quarter. Traders cheered signs of improving economic conditions in China and the U.S., with tech shares leading the S&P 500 and Nasdaq higher. Still, strength was seen across the board, as the financial sector, including Dow components JPMorgan Chase, Goldman Sachs, and American Express, also posted impressive gains.

Continue reading for more on today's market, including:

  • The Apple news that sank this semiconductor stock.
  • Why near-term call traders were bullish on WYNN.
  • One analyst thinks this biopharma could barrel higher. 
  • Plus, bullish attention for one blue chip; FAANG stock gets praised; and how UPS got a boost.
>> Continue reading...
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