“Most technology stocks were in positive territory Wednesday as shares of Apple Inc. rallied following Chief Executive Tim Cook’s comments from Beijing regarding the company’s plan to expand its partnership with China Mobile Ltd.,” Benjamin Pimentel reports for MarketWatch.
“Apple was up 2% to close at $557.36,” Pimentel reports. “The Wall Street Journal reported on Cook’s remarks suggesting bigger plans in China, the world’s biggest smartphone market.”
Pimentel reports, “On the downside, some 3-D printer shares were in the red, a day after disappointing reports from two major players.”
Read more in the full article here.