August 16th, 1999

[3:45 PM]
Apple Stock Watch: Apple Rises For 7th Straight Session
PC vendors were buoyed throughout the day in advance of Hewlett-Packard's 3rd Quarter results which are expected to be good. Today, that benefited Apple which managed to close higher for the 7th straight trading session. Apple closed at 60 1/2, a gain of 7/16 or 0.73%). Volume was low with 2,471,200 shares trading hands.

The PC players also performed well with IBM, Gateway, and Hewlett-Packard posting strong gains, while Compaq also closed higher, and Dell closed unchanged.

The Dow closed at 11046.79, an increase of 73.14 while the Nasdaq closed at 2645.27, up 7.46.

For more news on Apple's stock performance, check out our Apple Stock Watch Special Report.

Apple