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Dow Jones Edges Higher, Tech Stocks Rally In Turbulent Stock Market; Why Chinese Stocks Are Soaring Today

News Snapshot:

The Dow Jones Industrial Average was in rally mode Friday morning, along with the Nasdaq composite and S&P 500. Top gainers in the Dow Jones today included Chevron (CVX) as oil and gas stock outperformed early. X West Texas Intermediate crude oil futures were up 1.5% to around $91 a barrel. McDonald's (MCD) was another early gainer in the Dow Jones. The fast-food giant will reportedly raise royalty fees for new franchised restaurants from 4% to 5% for the first time in decades. Apple (AAPL) edged higher as new iPhone 15 goes on sale today. But just like the broad…

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