Dow Jones Surges as Apple Ditches Intel, Disney Brings Disney+ to New Markets
The stock market continued to grind higher on Tuesday despite worsening pandemic news and high levels of uncertainty surrounding the economy. Cases of the novel coronavirus are surging in some states following the easing of stay-at-home orders that had kept the virus in check. The Dow Jones Industrial Average (DJINDICES: ^DJI) was up about 0.85% at 2 p.m. EDT.
Shares of Apple (NASDAQ: AAPL) and Disney (NYSE: DIS) helped drive the Dow higher. Apple stock surged after the company announced that it was moving its Mac computers to its own custom chips, and Disney stock rose as the entertainment juggernaut set launch dates for its Disney+ service in new markets.
Image source: Apple.
Source Fool.com
