US stocks rallied Wednesday, driven by a 5% surge in Apple shares following a $100 billion investment commitment in domestic manufacturing. The S&P 500 gained 0.73%, Nasdaq rose 1.21%, and the Dow increased 0.18%. This follows recent market volatility stemming from a disappointing payroll report and the Federal Reserve's inaction. Positive corporate earnings, exceeding expectations for 81% of S&P 500 companies, also contributed to the gains. However, concerns remain about the quality of earnings and the impact of President Trump's tariffs, currently affecting trade with India.

Prepared by Christopher Adams and reviewed by editorial team.