Stock Market Gains On Consumer Optimism; Chips And Tech Lead Charge; Apple Surges
August 12, 2022 at 15:37 PM EDT
The stock market continued to climb on Friday as consumer sentiment rose. Walt Disney (DIS) and Apple (AAPL) gained, underpinned by strong action in technology and consumer discretionary stocks. The Nasdaq composite traded 1.8% higher as the market headed into the final hour while the S&P 500 gained 1.4%. The Dow Jones Industrial Average rose 1% while the small-cap Russell...