US stocks climb due in part to Apple, Boeing
Wednesday, April 25, 2012
U.S. stocks experienced a sharp increase on April 25 due in part to stronger-than-anticipated results from Boeing, Apple and other major players.
The Dow Jones industrial average grew 70 points, or 0.5 percent, in part as the result of a 4 percent increase in shares from Boeing, which led the gains.
In addition, Apple contributed a 9 percent boost to the market despite its shares struggling as of late, losing nearly 12 percent during a period of 11 days.
"Apple's earnings are certainly having a big impact," Dave Hinnenkamp, CEO of KDV Wealth Management, told the news source. "Apple is a bellwether for the technology industry, and investors are influenced by positive reports from market leaders."
Personal finances can go a long way in successfully participating in the stock market. A recent report from MSN Money recommends consumers review their budget, visit a financial planner, pay attention to their credit history and responsibly pay off their credit cards in order to better their financial standing.
Investors looking to diversify their financial portfolios can take part in online stock trading.
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