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Kiplinger
Kiplinger
Business
Karee Venema

Stocks Rally on Apple Strength: Stock Market Today

Closeup of stock chart with multiple moving averages.

Stocks resumed their uptrend Wednesday as investors parsed through the latest batch of corporate earnings reports. Rising expectations for a September rate cut also kept spirits high after another Fed member signaled support for a lower federal funds rate.

While the majority of S&P 500 companies have already reported earnings, there are still plenty more to go. Among Wednesday's most notable post-earnings movers was Advanced Micro Devices (AMD), which shed 6.4% after its results.

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