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Dow Jones Slips On Jobless Claims; Nasdaq Rallies With Powell Speech Due; Apple Spikes – Investor’s Business Daily

The Dow Jones rallied despite weak jobs data. The Nasdaq led even as Fed Chairman Jerome Powell issuing a warning. Apple stock made a bullish move.

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The Dow Jones Industrial Average rallied back into the green after initially being forced lower amid weak jobless claims data. Meanwhile, the Nasdaq led even after Federal Reserve Chairman Jerome Powell warned Covid-19 mutations could set back economic recovery. Also in the stock market today, Apple (AAPL) managed to force its way above a key benchmark, while Microsoft (MSFT) was another top-performing blue chip.
XIBD 50 stock Etsy (ETSY) turned in the best performance on the S&P 500. Meme stock…

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