Dow Jones Surges as Intel Stock Upgraded, Apple Warns About App Store Fees
The Dow Jones Industrial Average (DJINDICES: ^DJI) rebounded on Monday following the worst week for the index since the start of the pandemic in March. Volatility may be the norm going forward as the pandemic worsens across the United States. The Dow was up about 1.35% at 12:45 p.m. EST.
Intel (NASDAQ: INTC) stock rose on Monday, although not as much as the Dow, after an analyst upgraded the stock on the assumption that the risks facing the company are already priced in. Meanwhile, Apple (NASDAQ: AAPL) was one of the rare Dow components to lose ground. The company acknowledged late Friday that a change to its App Store commission policy could seriously hurt its results.
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Source Fool.com
