Powered by strong positive gains for shares of Apple and Goldman Sachs, the Dow Jones Industrial Average is climbing Thursday.
The Dow was most recently trading 194 points (0.7%) higher, as shares of Apple Inc. and Goldman Sachs have contributed around a quarter of the index’s intraday rally.
MacDailyNews Take: As we write this, the Dow (DJIA) is currently up 198.74 (0.69%) to 28,943.83 and Apple (AAPL) is up $6.07 (1.99%) to $309.26. Goldman Sachs (GS) is up $4.95 (2.08%) to $242.71.
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Well as long as corporations can keep buying back their own stock, then everything is just wonderful!
https://www.reuters.com/article/us-usa-trade-economy/trumps-tariffs-cost-u-s-companies-46-billion-to-date-data-shows-idUSKBN1Z8222
You’re proposing buybacks are the only, or main reason for market gains?