Tech Stocks Drive Wall Street Gains Amid Market Volatility

TL;DR Summary
Wall Street's indexes rose, driven by optimism that major tech companies like Apple might avoid tariffs on chips, amid broader concerns about a slowing economy and rising jobless claims. Apple announced a $100 billion U.S. investment, boosting its shares, while chipmakers gained as tariffs were announced but with exemptions for U.S. manufacturing. The market also responded to mixed earnings reports and signs of economic slowdown, with traders expecting rate cuts.
- Tech stocks power Wall Street's gains amid hopes of tariff exemption Reuters
- Nasdaq lifted by Nvidia and Apple, but broader market is little changed: Live updates CNBC
- Stock market today: Dow, S&P 500, Nasdaq mixed as Trump tariffs kick in, Apple jumps Yahoo Finance
- Stock Market Today: Dow Gains After New Tariffs Kick In; Apple Rallies — Live Updates The Wall Street Journal
- Wall Street gains as oil ends lower in volatile trade NBC News
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