Dow’s 350-point jump powered by rallies in Boeing, UnitedHealth and Apple’s stocks in afternoon trade

The Dow Jones Industrial Average marked fresh session highs Thursday afternoon, with markets closed in observance of Good Friday tomorrow, as components Apple Inc. and Boeing staged a late-morning rally. The Dow was most recently up 346 points, or 1.5%, at 24,194. Apple and Boeing Co. were delivering a roughly 80-point jolt to the price-weighted average. Shares of Microsoft Corp. also gained amid reports that it was undergoing a major reorganization. Technology shares have been under pressure for much of the abbreviated trading week, on the heels of worries surrounding Facebook Inc.’s handling of user data. However, Facebook’s shares [: FB] were rebounding up 4.5% on the day, underscoring a recovery for the sector which has seen some of its most prominent names tumble. The technology-laden Nasdaq Composite Index was up 1.9% at 7,080, while the S&P 500 index rallied 1.5% at 2,644. All three benchmarks were on track to book weekly gains. For the Dow, shares of UnitedHealth Group Inc. , up 2%, and Boeing Co. were helping lift the blue chips.

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