Dow closes up more than 300 points after Apple sparks tech rally
The government reported that the economy added 164,000 jobs in April – lower than the 195,000 expected – while the unemployment rate fell to 3.9 percent.
Shares of Apple hit an all-time high after famed investor Warren Buffett revealed that he purchased 75 million shares during the first quarter.
"Tech is having a good day and obviously Apple is helping. The Warren Buffett headlines have helped give momentum to share prices," said Quincy Krosby, chief market strategist at Prudential Financial.
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