Strong Earnings from Apple, Facebook Push Stocks Higher
Facebook is climbing after it announced advertising sales had increased and the number of daily users is growing. Apple shares, which have been under pressure, are also moving higher.
Apple easily sold more iPhones than expected and in a giving mood, declared a dividend increase. The stock, which has been under pressure, began moving higher. Facebook is also climbing after it announced advertising sales had increased tremendously and the social media giant continues to add daily users. Even General Motors saw a lift in its stock after it managed to drive home higher revenue based a higher prices on its trucks. Durable goods orders also rose.
