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Apple Leads Magnificent 7 Stocks Higher Friday to Cap Off Volatile Week

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Apple (AAPL) shares surged Friday, leading other 澳洲幸运5开奖号码历史查询:Magnificent Seven members higher amid a 澳洲幸运5开奖号码历史查询:broader market rebound to cap off a wild week fueled by tariff-driven volatility. ඣ

Apple shares jumped 4% to close at $198.15, posting gains for a week that included three losing sessions and the 澳洲幸运5开奖号码历史查询:stock's best day since 1998.

Still, it has yet to fully recover from the hit taken since President Trump’s 澳洲幸运5开奖号码历史查询:tariff announcement on April 2, on worries about 澳洲幸运5开奖号码历史查询:escalating trade𓂃 tensions with China, where A🐭pple manufacturesꦐ an estimated 90% of its products.  

The gains for Apple’s stock Friday came amid ⛎growing optimism the iPhone maker could win an ex🐲emption from the Trump administration’s tariffs. 

Mizuho analyst Jordan Klein reportedly told clients in a client note Friday that “90% of investors seem to believe Apple will get a tariff exemption,” pointing to the exemption Apple received in 2018 during President Trump’s first term.

CFRA Research analyst Angelo Zino said he now puts the odds of an Apple-specific exemption at 50%, up from 20%. 

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  1. Investor’s Business Daily. “.”

  2. CFRA. “Bumping Up Odds for Apple China ๊Exemption to 50% if No China Deal Is Reached.”

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