Apple surges to a valuation of over US$3 trillion as Wall Street stocks conclude a winning quarter with a flourish on Friday. – EPA pic, July 1, 2023.
WALL Street stocks concluded a winning quarter with a flourish yesterday, cheering better inflation data as Apple surged to a valuation of over US$3 trillion. All three indices spent the entire session in positive territory after the personal consumption expenditures index measure of inflation eased to 3.8% year-on-year in May, a significant drop from 4.3% a month earlier.
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