Stockreport
Stock market today: Stocks climb as Fed rate-hike fears fade, with Apple on deck [Yahoo! Finance Canada]
Last apple inc. earnings: 4/30 04:30 pm
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US:NASDAQ Investor Relations: investor.apple.com
The S&P 500 ( ^GSPC ) rose roughly 0.6%, while the Dow Jones Industrial Average ( ^DJI ) gained 0.5%. The tech-heavy Nasdaq Composite ( ^IXIC ) led the gains, up 0.8%. Stocks are recovering from Wednesday's volatile session dominated by the wait for the Federal Reserve's policy decision . Chair Jerome Powell played down the likelihood of an interest-rate hike, bringing relief to investors worried that recent signs of "sticky" inflation might prompt that move. Read more: What the Fed rate decision means for bank accounts, CDs, loans, and credit cards ADVERTISEMENT As Powell again stressed the Fed is still depending on data to shape its thinking, the April jobs report due Friday is in full focus. Wall Street is watching for any signs of cracks in the strong labor market story , a key factor for policymakers. Meanwhile, the OECD credited US outperformance as the reason the global economy is growing faster than expected, providing another reason for optimism. Top of mind in e
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