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Dow Flat, Still Close to Record High on Apple-Led Boost in Tech
1 month ago | By FXCM
By Yasin Ebrahim
Investing.com - The Dow was unchanged on Thursday but continued to trend close to record highs as an Apple-led climbed in tech ahead of the its quarterly earnings next week offset losses in energy.
The Dow Jones Industrial Average rose 0.05%, or 15 points. The S&P 500 was up 0.06%, while the Nasdaq Composite gained 0.48%.
Apple rose 3.3% as analysts continued to talk up the stock ahead of its quarterly report due Jan. 27.
Morgan Stanley raised its price target on Apple to $152 from $144 on expectations that high demand for the iPhone 12 will see unit growth return, while...
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