US STOCKS-Wall Street higher on Apple-led rally in technology shares

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US STOCKS-Wall Street higher on Apple-led rally in technology shares

Technology stocks led by Apple lifted Wall Street's main indexes on Monday, as investors looked past last week's reports that Washington was considering delisting Chinese companies from U.S. stock exchanges. Apple Inc rose 1.3% as Chief Executive Officer Tim Cook told a German daily, Bild, that iPhone sales were off to a strong start, and JP Morgan raised its iPhone shipment volume forecast. Reports about the United States curbing Chinese companies' access to U.S. capital markets sparked a sell-off on Friday, with the S&P 500 and Nasdaq hitting a more than three-week low during the session.

https://finance.yahoo.com/news/us-stocks-wall-street-higher-140704182.html?.tsrc=rss
 
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