US stocks surged to new highs on Wednesday, as Wall Street corporate earnings came in better than expected. Lam Research led the S&P 500 with a gain of $14.69, or 7.7 percent, to $205.08.
The S&P 500 closed at 2,802, up nine-tenths of a percentage point, and the Nasdaq composite closed up 1 percent, at 7,298.
Investors kept an eye on the latest company earnings news while also monitoring developments in Washington ahead of a possible federal government shutdown this weekend.
ChaiOS bug: A simple iMessage text can freeze your iPhone
This renders the attack useless unless someone was to copy the code and post it on another platform to be disseminated again. He said he'd reported the bug to Apple the previous day, he told BuzzFeed , but had not heard anything from the company.
The Dow Jones industrial average rose 323 points to a record high, closing above 26,000 for the first time.
The S&P 500 posted 84 new 52-week highs and 11 new lows; the Nasdaq Composite recorded 120 new highs and 22 new lows.
Stocks are moving higher on Wall Street as the market makes up some of the ground it lost a day earlier. The Nasdaq slid 2.23 points, or 0.03 percent, to 7,296.05. IBM rose 2.9% after Barclays analysts upgraded the stock two notches to "overweight" and increased its price target by $59 to $192. The Russell 2000 index of smaller-company stocks gave up 9.93 points, or 0.6 percent, to 1,576.73. The S&P 500 index has closed lower only twice this year.
Toyota admits having plans, to launch first cars with Apple CarPlay
Toyota hasn't yet priced the 2019 Avalon Hybrid, but the automaker says it will arrive in dealers within the next few months. The full-width tail lights provide more than a hint of Audi at the rear, and feature a three-dimensional "aero fin" design.
Republicans were trying to pass a funding bill that would prevent the shutdown of federal agencies, but Democrats threatened to vote against the bill unless the White House and GOP lawmakers include protections for younger immigrants who were brought to the US illegally as children. This trend is expected to continue in the coming weeks as Wall Street's earnings recovery continues.
Technology stocks were again some of the biggest winners.
Goldman Sachs fell 1.8 per cent after reporting a steep quarterly drop in trading income. It promised to create 20,000 new jobs and open a new campus.Apple' s stock closed 1.7 percent higher. Microsoft rose 1.7 percent and UnitedHealth gained 1 percent. At midday, each of the major indexes was up better than 0.5% with the blue chip index up nearly 200 points.
Democrat Phil Murphy prepares to change into New Jersey governor
Oliver will head the state's Department of Community Affairs and will serve as acting governor whenever Murphy is out of state. He said his vision for a "stronger and fairer" New Jersey includes criminal justice reform and marijuana legalization.