Dow's 250-point jump powered by rallies in Apple, Boeing stocks in late-morning trade

The Dow Jones Industrial Average traded near session highs on Thursday, with markets closed in observance of Good Friday tomorrow, as components Apple Inc. and Boeing staged a late-morning rally. The Dow DJIA, +1.04% was most recently up 250 points, or 1.1%, at 24,097. Apple AAPL, +2.13% and Boeing Co. BA, +2.00% were delivering a roughly 60-point jolt to the price-weighted average. Shares of Microsoft Corp. MSFT, +1.27% also gained amid reports that it was undergoing a major reorganization. Technology shares have been under pressure for much of the abbreviated trading week, on the heels of worries surrounding Facebook Inc.'s handling of user data. However, Facebook's shares [: FB] were rebounding up 3.9% on the day, underscoring a recovery for the sector which has seen some of its most prominent names tumble. The technology-laden Nasdaq Composite Index COMP, +1.31% was up 1% at 7,019, while the S&P 500 index SPX, +1.14% rallied 1% at 2,631. All three benchmarks were on track to book weekly gains.