Tech-heavy Nasdaq outshines other major U.S. indexes as Apple rallies

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Rate-sensitive megacap stocks including Apple, Microsoft and Meta were the top boosts to the S&P 500 and the Nasdaq.

Traders work on the floor of the New York Stock Exchange in New York City, U.S., March 2, 2023. REUTERS/Brendan McDermidApple rises as Goldman begins coverage with 'buy'Indexes up: Dow 0.39%, S&P 0.68%, Nasdaq 1.00%

March 6 - A rise in Apple shares and easing Treasury yields bolstered the tech-heavy Nasdaq index on Monday as focus shifted to Federal Reserve Chair Jerome Powell's testimony and jobs data this week for fresh cues on the trajectory of interest rates.Other rate-sensitive megacap stocks including Microsoft Corp

 

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Apple is rallying because Bloomberg is pushing the stock watch out the whales have already bought the stock and are going to dump it on the average investor !!

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