Apple Stock Seesaws As Earnings Loom

Apple Stock Seesaws As Earnings Loom

Apple stock dropped back down into the red as Wall Street awaited second-quarter results. The stock was now off 0.5% to $211.62 after briefly rebounding in earlier trading.

The S&P 500 was up 0.9%. The market was rising after Microsoft and Meta Platforms reported better-than-expected earnings on Wednesday, alleviating some investor concern about ongoing economic uncertainty. Shares of Microsoft were surging 9.4% while Meta was gaining 6%.