“Tech stocks are back, at least for the day,” Corrie Driebusch reports for CNBC.
“Both the Dow Jones Industrial Average and the S&P 500 owe the sector for a solid chunk of their Tuesday gains. Technology companies in the S&P 500 are up 1.7%, far exceeding the broader index’s 0.7% rise, and Apple and Microsoft combined are contributing 26 points to the Dow’s 96-point rise,” Driebusch reports.
“Much of those gains have come this month, with Apple’s stock in particular having a blockbuster March,” Driebusch reports. “Apple shares are up 11% for the month, putting their yearly gains at 2.3%.”
Read more in the full article here.
MacDailyNews Take: AAPL shaking off the doldrums from posting all-time record quarterly earnings so soon?
‘Bout time…
Yes, and about $145B in market cap to go till they return to the value they were at when they joined the DJIA.
Smell like a good time to buy some more shares… A month ago…
About bloody time. I wonder what WallNut Street oligarch died.
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