Dow surges after Bernie Sanders drops out; Apple among key gainers

Apple rallied 2.1% in today’s stock market, while Microsoft gained 1.2%. FANG stock leader Amazon traded up 0.8%. Tesla turned lower after initial gains on employee pay cuts. The Nasdaq composite hit new session highs in midday trade, gaining 1.8% Wednesday. At around 3pm EDT, the S&P 500 was up 2.1%, while the Dow Jones industrials rose 3.01%.
Scott Lehtonen for Investor’s Business Daily:U.S. Senator Bernie Sanders (photo: Sarah Silbiger/Getty Images)The Dow Jones Industrial Ave