The stock market bounced back this week. The S & P 500 on Friday rose above its July 28 record close but finished just shy of it. The Nasdaq did, however, finish at a new record closing high. It was a strong week dominated by tariff headlines and Apple’s success in appeasing President Donald Trump with a big U.S. investment commitment. Club earnings were also on our radar. For the week, the S & P 500 gained 2.4%, and the Nasdaq advanced 3.9%. Apple stock led the way higher, surging more than 13% this week and turning in its third-best weekly performance in the past decade. It was our top stock, ending the week on a three-session winning streak that started Wednesday when Apple announced a $100 billion increase to the $500 billion it had already pledged to investing in the United States over the next four years. As part of that investment, Apple will fund a $2.5 billion expansion of iPhone and Apple Watch glass maker Corning . Apple…
In a pivotal week for tariffs, how Apple shined and drove the Nasdaq to new highs
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