NASDAQ

Dow Jones closes above 22,000 for first time, driven almost entirely by Apple stock

Dow Jones closes above 22,000 for first time, driven almost entirely by Apple stock

Being the world's most valuable public company has its privileges, like getting almost all the credit for the latest stock market milestone. Apple made its biggest jump in six months Wednesday, helping send the Dow Jones industrial average above 22,000 points for the first time.

Apple's latest profit and revenue were better than analysts expected, and the company's strong sales forecast suggests it's confident the next iPhone will reach the market on time. The technology giant's stock climbed to an all-time high, and when some other technology companies, utilities and industrial firms joined it, that was just barely enough to take the Standard & Poor's 500 index higher as...

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