The Dow was most recently trading 401 points higher (1.0%), as shares of Apple and Nike are contributing to the index's intraday rally. Apple's shares have climbed $9.00, or 4.5%, while those of ...

The Dow Dow Jones Industrial Average was most recently trading 515 points, or 1.3%, higher, as shares of Nike Nike Inc. Cl B and Apple Apple Inc. are contributing to the index's intraday rally.

Apple is finding itself squarely in the crosshairs of President Donald Trump’s new tariffs, even after a yearslong effort to insulate the iPhone maker from trade wars and supply chain disruptions.

Apple is being heavily impacted by President Trump's new tariffs, which will affect its supply chain and manufacturing centers in China, India, Vietnam, Malaysia, Thailand, and Ireland.