(CNBC) The Dow Jones Industrial Average rose on Friday, led by gains in Apple and IBM, as investors pored through newly proposed tariffs on U.S. goods by China and fresh jobs data.
The 30-stock index gained 136.42 points to close at 25,462.58 as Apple rose 0.3 percent, adding to its market cap of more than $1 trillion. The tech giant reached the milestone for the first time on Thursday as investors cheered strong quarterly results released earlier this week. IBM also contributed to The Dow's gains, rising more than 3 percent.
Meanwhile, the S&P 500 gained 0.5 percent to 2,840.35 as consumer staples outperformed. The Nasdaq Composite advanced 0.1 percent to 7,812.01.
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