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Apple has closed up yet again, the 6th straight trading session in which Apple has posted gains representing more than an 11% rise during that time.
The day started out strong for Apple and the entire tech sector as a key inflation report came in with better than expected results, easing fears of an interest rate hike.
Apple closed at 60 1/16, a small gain of 1/16 or 0.10%). Volume was low with 2,663,500 shares trading hands. Apple traded as high as 62 during today's session.
Apple's PC competitors also fared well with IBM, Dell, Compaq, Hewlett-Packard, Microsoft, and Intel (closing at a new high) all closing higher. Gateway 2000 closed down.
The Dow and the Nasdaq both closed higher as well. The Dow closed at 10973.65, a big gain of 184.26, while the Nasdaq closed at 2637.81, also a big gain of 88.32.
For more stories about Apple's stock performance, check out our Apple Stock Watch Special Report.
Apple
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