The markets popped higher today following yesterday's massive turnaround. The Dow 30 popped 332 on the heels of Apple's news, the S&P 500 added 33, and the Nasdaq 100 showed the best returns of all, up 121 on the day. There were some negative economic signs, such as the fact that fewer jobs were added than hoped, or that hourly earnings are rising more slowly than expected. But investors chose to focus on the positive news that the unemployment rate has dropped to an 18-year low.
Apple (NASDAQ: AAPL) shares climbed to an all time high today, adding 3.92% in the process as Mr. Buffet himself revealed that he had purchased an additional 75 million shares in the first quarter, adding to the 165 million shares his company already owns. Investors scrambled to follow the investing legend, which helped support tech stocks throughout the day. Shares are now higher by over 8% on the year.
Shares of Google (NASDAQ: GOOG) were higher as well today. Some of that positive momentum comes from reports on their YouTube growth. CEO Susan Wojcicki announced that 1.8 billion registered users are watching YouTube videos every month. That's quite a jump from last year's 1.5 billion. It should be noted that those views are only from those that have an account and are signed in. Shares of Google have been relatively flat for the last month.
Twitter (NASDAQ: TWTR) is reaching out to all its users to get them to change their passwords. Thanks to an error on their part, some of the encrypted information was actually stored as readable text on its servers instead of being encrypted. Though the CEO tweeted that there were no breaches or misuses, it is still recommended that you change your password.