Shares of Apple Inc. /zigman2/quotes/202934861/composite AAPL -2.46% advanced 6.98% to $170.33 Friday, on what proved to be an all-around favorable trading session for the stock market, with the NASDAQ Composite Index /zigman2/quotes/210598365/realtime COMP -0.26% rising 3.13% to 13,770.57 and the Dow Jones Industrial Average /zigman2/quotes/210598065/realtime DJIA -0.75% rising 1.65% to 34,725.47. The stock's rise snapped an eight-day losing streak. Apple Inc. closed $12.61 short of its 52-week high ($182.94), which the company achieved on January 4th.
The stock outperformed some of its competitors Friday, as Microsoft Corp. /zigman2/quotes/207732364/composite MSFT -0.37% rose 2.81% to $308.26, Alphabet Inc. Cl A /zigman2/quotes/202490156/composite GOOGL -1.35% rose 3.37% to $2,667.02, and International Business Machines Corp. /zigman2/quotes/203856914/composite IBM -2.47% rose 1.49% to $134.50. Trading volume (175.0 M) eclipsed its 50-day average volume of 104.5 M.