Stocks Rally 2%; Apple Shines
Aug 29 – U.S. stocks enjoyed broad-based gains on Wednesday as investors went on a shopping spree and speculation about a product announcement from Apple boosted tech stocks.The Dow rallied 247 points to 13,289. The S&P 500 rose 31 points to 1,463. The Nasdaq gained 62 points to 2,563. Crude oil prices settled well above $73 a barrel.
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