Dow Jones Rises as Microsoft Urges Antitrust Regulators to Drop the Hammer on Apple
The Dow Jones Industrial Average (DJINDICES: ^DJI) was up 0.4% at 11:40 a.m. EDT Friday as investors continued to push up stocks despite mixed messages on the economy. Thursday's unemployment report was worse than expected, painting a picture of continued job losses even as the economy begins to rebound. In some states, including Florida, Texas, and Arizona, cases of COVID-19 are exploding now that lockdown measures have been eased.
Shares of Microsoft (NASDAQ: MSFT) and Apple (NASDAQ: AAPL) rode the stock market higher on Friday. Apple stock received a price target bump from an analyst, but the big news was Microsoft's president calling on antitrust regulators to target Apple's App Store empire.
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Source Fool.com
