Stocks end higher as Apple soars into the close, log monthly gains

Business news

Stocks ended slightly higher Friday, with the S&P 500 and Dow Jones Industrial Average erasing earlier losses in late trade as shares of Apple Inc. built on gains to rally more than 10% after it and other tech giants delivered blowout earnings results the previous evening. The Dow ended with a gain of around 115 points, or 0.4%, near 26,429, according to preliminary figures, while the S&P 500 advanced around 25 points, or 0.8%, to close near 3,271. The tech-heavy Nasdaq Composite jumped around 157 points to finish near 10,745, a gain of 1.5%. For the month, the Dow rose 2.4%, while the S&P 500 advanced 5.5% and the Nasdaq Composite gained 6.8%.

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