Power Breakfast: Dow Jones Has Best Day Since January 6 After Apple Rally, Jobs Data

The US market closed higher on Friday after four days of decline. Dow jumped 550 points, while the Nasdaq gained 2.25%. Apple's strong results filled the market with enthusiasm. Apple's stock jumped 4.7% after strong results, buying was also seen in other IT stocks. Huge buying was also seen in banking stocks. 2.5 lakh new jobs were added in April, the estimate was 1.8 lakh.