Market Rally Led by Tech Giants

Wall Street ended Wednesday's session on a high note, buoyed by the news of Apple's plans to invest an additional $100 billion in domestic manufacturing. This significant investment has sparked optimism among investors, leading to a notable uptick in tech stocks.

Earnings Reports on the Horizon

Attention now turns to the upcoming earnings reports from major companies such as DoorDash, Airbnb, Lyft, and Virgin Galactic, expected to be released shortly after the market closes.

Political Developments and Market Impact

In political news, President Donald Trump has introduced a 25% secondary tariff on India, citing its oil relations with Russia, which raises the total duties to 50%. Additionally, there are reports suggesting a potential in-person meeting between Trump and Russian President Vladimir Putin as early as next week.

Market Performance Highlights

The Dow Jones Industrial Average saw a modest gain of 0.19%, with Apple leading the charge by surging 5.1% at the close. The Nasdaq 100 experienced a significant jump of 1.29%, or 296 points, largely due to Shopify's impressive 21.97% leap. The S&P 500 also enjoyed a rise of 0.73%, with Arista Networks climbing 17.49%. Meanwhile, the euro strengthened against the dollar, trading up 0.72% to 1.16565 by 4:02 pm ET.