Stocks jump after jobs data, Apple’s buyback: LIVE MARKET UPDATES

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Apple shares soar

Apple Inc.

183.76

In a surprise move, Apple announced a record $110 billion buyback and quarterly results that were not as bad as investors had speculated.

MARKETS

Apple sales fall less than expected, beating Wall Street estimates

Apple shares saw a boost in aftermarket trading after beating Wall Street’s estimates with a year-over-year sales decline of 4.3%, while iPhone sales remain flat.

Posted by FOX Business Team

Developing Story

Dow surges

Dow Jones Averages.

38662.17

The Dow Jones Industrial Average surged by triple digits at the start of trading following the April jobs report.

Posted by FOX Business Team

Breaking News

Jobs surprise!

Investors embraced the weaker-than-expected jobs data for April on the hopes it might be enough for the Federal Reserve to cut interest rates sooner-than-expected.

ECONOMY

US economy adds 175K jobs in April, much weaker than expected

The April jobs report released Friday provided a look at the labor market’s health as the economy continues to confront high interest rates and inflation.

Posted by FOX Business Team

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