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Kiplinger
Kiplinger
Business
Karee Venema

Stock Market Today: Stocks Soar on Apple Buyback News, Jobs Data

Apple Amgen Chris Zaccarelli Jobs Report
Apple logo seen on storefront.

Stocks jumped out of the gate Friday and never looked back. Sentiment got a major lift thanks to a positive reaction to Apple's (AAPL) quarterly earnings report and a bad-news-is-good-news jobs report. 

The excitement got started late Thursday when Apple reported higher-than-expected earnings and revenue for its fiscal second quarter. The iPhone maker also unveiled a record $110 billion stock buyback program and its 12th straight annual dividend hike.

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