Stock Market Today: Big Tech Roars, Everyone Else Snores
Jul 31, 2020
3 minutes
The stock market closed out an up-and-down week with another very clear separation of the haves and have-lesses.
Big Tech ruled the day thanks to a trio of mega-cap earnings pops. Apple (AAPL, +10.5%) shot to new all-time highs after its Thursday evening report, where it said quarterly sales jumped 11% year-over-year and announced a 4-for-1 stock. It did say, however, that it thinks iPhone supply will be delayed a few weeks this fall.
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