August 23rd, 1999

[3:30 PM]
Apple Stock Watch: Apple Shows Good Gains, Closer Over 60
Apple posted a significant gain today amidst a general stock market rally. The Dow closed at a new high, while the Nasdaq also closed with impressive gains. Internet stocks in particular did well which helped many other tech-sector stocks.

Apple closed at 60 3/4, a gain of 1 9/16, or 2.64%. Volume was moderate with 3,164,300 shares trading hands.

Apple's PC competitors also fared well with IBM, Dell, and Gateway 2000 posting multi-dollar gains. Hewlett-Packard posted a small gain, while Compaq closed down.

The Dow closed at a new high of 11299.76, a rise of 199.15, while the Nasdaq closed at 2719.57, a gain of 71.24.

Apple