“Stocks maintained momentum from yesterday’s close with the Dow increasing 0.99% to 14,267.65. The index is eying its all-time closing high of 14,164.53,” Christopher Witrak reports for Minyanville. “The S&P 500 climbed 1.03% to 1540.84, and the Nasdaq jumped 1.28% to 3,222.62.”
“Apple (AAPL) has rebounded today,” Witrak reports. “Analysts issued some favorable notes on the tech company. Pacific Crest cited research that states iPhone and iPad sales will be match its estimates for the current quarter. Plus, UBS stands by its price target of $600, referencing a currently ‘reasonable’ valuation.”
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