Apple Leads Wall St Higher As Trade Worries Ease

  • 6 years ago

A rise in Apple led a rebound in technology shares and boosted all three major stock indexes Thursday.

Trade worries eased after China said it was open to fresh talks with the United States.

The technology sector climbed 1.38 percent on the day, the most among the 11 major S&P sectors, boosted by Apple’s 2.9 percent jump.

Apple, which has said tariffs could hit a “wide range” of its products, fell 1.2 percent on Wednesday when it unveiled its largest-ever iPhone.