Tech Stocks Lead US Stocks Broadly Higher

US stocks shook off an early stumble and closed broadly higher, led by gains in technology companies as Apple reached $1 trillion in value, the AP reports. Apple jumped 2.9% Thursday, adding to another big gain from a day earlier. On Tuesday the company reported strong earnings and higher prices for iPhones. Tesla soared 16% after the company said it was continuing to improve production of its Model 3 and wouldn't have to raise more money. Industrial stocks fell after the White House said it will consider higher tariffs on Chinese imports. Boeing lost 0.9%. The S&P 500 index rose 13 points, or 0.5%, to 2,827. The Dow Jones Industrial Average slipped 7 points to 25,326. The Nasdaq rose 95 points, or 1.2%, to 7,802. (More stock market stories.)