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Stock Market Today: Stocks Soar on Apple Buyback News, Jobs Data
The main indexes rallied hard to end the week thanks to Apple's $110 billion stock repurchase plan and a big April payrolls miss.
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Stock Market Today: Stocks Sizzle Ahead of Apple Earnings, Jobs Report
The Nasdaq outperformed in a strong day for stocks thanks to Qualcomm's post-earnings pop.
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Apple stock rallies after record-setting $110B stock buyback, largest in US history
Shares of Apple climbed 6% Friday after the iPhone maker announced a record-setting buyback program on the heels of second-quarter earnings topped Wall Street’s estimates. Apple announced Thursday that its board authorized $110 billion in share repurchases, a 22% increase over last year’s $90 billion authorization, Bloomberg earlier reported. The move marks the largest buyback