Market Extra: Dow’s surge to 28,000 powered by Apple and Home Depot’s stocks [MarketWatch]
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Source: MarketWatch
Dow’s surge to 28,000 powered by Apple and Home Depot’s stocks The Dow Jones Industrial Average marked history on Friday by finishing at a round-number milestone at 28,000, but the blue-chip benchmark couldn’t have scaled the thousand-point milestone without a rally in Apple and shares of Home Depot. The Dow DJIA, +0.80% closed up 222.93 points, or 0.8%, to help it finish at a record 28,004.89, representing the blue-chip index’s 11th record close of 2019 and its first 1,000-point milestone since July 11. Read: Dow closes above 28,000 — its first thousand-point milestone clearance in 90 trading days But to get that landmark level, the 123-year old benchmark received a 434-point boost from Apple Inc . AAPL, +1.19% , which finished at a fresh record on Friday and has surged more than 68% in the year to date, according to data from FactSet and Dow Jones Market Data. Meanwhile, since mid-July, Home Depot HD, +0.31% has contributed about 158 points to the benchmark and United T
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