RSSApple & Tech Stocks Soar, Set to Lead the Dow to a 22,000 Record
IT MISSED BY JUST 10 POINTS YESTERDAY, THE DOW WILL DEFINITELY HIT 22,000 TODAY!!!
We were one day premature in predicting that the DOW will hot an all time record of 22,000; however, it is a sure thing today. As reported at CNBC, with Apple and tech stocks surging in premarket activity, the Dow Jones industrial average is almost certain to pass the 22,000 mark.
Shares of Apple surged nearly 6 percent in the premarket Wednesday, putting the Dow Jones industrial average within striking distance of 22,000.
Apple’s stock surged after the tech giant reported quarterly results that blew expectations out of the water on Tuesday. The company reported earnings per share of $1.67 on revenue of $45.4 billion. Analysts polled by Reuters expected earnings per share of $1.57 on revenue of $44.89 billion. If Apple opens Wednesday where it is trading after hours, it would be a new record for the stock.
The gains in Apple would also theoretically add more than 50 points to the Dow, which would push it above 22,000 at Wednesday’s open. The Dow posted a record close of 21,963.92 on Tuesday, just 36.08 points shy of 22,000.
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