Dow Surges 316 Points, Why Apple’s Earnings are Leading the Charge

The U.S. stock market catapulted higher on Wednesday, as investors rallied behind a series of upbeat earnings reports from some of Wall Street’s biggest companies. Flush of Green for Dow Index All of Wall Street’s major indexes reported strong gains on Wednesday, building off a positive pre-market session for Dow futures. The Dow Jones Industrial Average is up 316 points, or 1.3%, to 24,896.79. The broad S&P 500 Index gained 0.8% to 2,660.67. Ten of 11 primary sectors reported gains, with information technology and consumer discretionary leading the advance. Booming tech shares lifted the Nasdaq Composite Index to higher ground.

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