Wall Street Extends Gains, Apple Jumps To Highest Since February: What's Moving Markets Friday?
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Wall Street continued its upward trend on Friday, with major U.S. indices reaching record highs following the Federal Reserve's rate cut. The Nasdaq 100, S&P 500, and Dow Jones rose by 0.5%, 0.3%, and 0.2%, respectively. Apple Inc. saw a 3.1% increase due to strong demand for the iPhone 17, while Intel Corp. dropped 2.5%. Precious metals gained momentum, with gold rising 0.7% and silver over 2%. Cryptocurrencies, however, experienced declines, with Bitcoin falling 1%.
Source: Benzinga The copyright of this article belongs to the original author/organization.
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