AAPL Continues Advance, Closes at $334

Shares in Apple Inc. continued their advance Wednesday, ending the day at a new record high at US$334.00 per share, up $2.71 (+0.82%), on moderate volume of just under 9 million shares trading hands.

AAPL has set a new record high every day this year, rallying along with the rest of the markets. Wednesday’s markets were encouraged by positive data from the labor and service markets, and investors took the news as pointing to a recovering economy.

The DJIA, NASDAQ, and S&P 500 all ended the day higher, as well, and many tech stocks also enjoyed gain. Cisco closed at $20.77, up $0.250 (+1.22%); Google closed at $609.07, up $6.95 (+1.15%);

Microsoft ($28.00, down $0.0875 (-0.31%)) and Intel ($20.94, down $0.210 (-0.99%)) were among the losers. Microsoft CEO Steve Ballmer will give the opening keynote for CES 2011 Wednesday evening - The Mac Observer will be offering live tweets from the event.

Yahoo! Finance AAPL Chart

*In the interest of full disclosure, the author holds a small share in AAPL stock that was not an influence in the creation of this article.