Heard on the Street Wednesday Recap: What's Another $100 Billion?
Yet stocks kept rising. The S&P 500 gained 0.7% and the Nasdaq Composite rose 1.2%, boosted by a rally in Apple shares.
Apple raised its U.S. investment commitment. After markets shut, the iPhone maker confirmed it would invest another $100 billion in its U.S. operations. The pledge adds to a $500 billion, four-year commitment made in February.
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