<img src="/wp-content/uploads/sites/4/2017/08/67157eb05f6f44a4c5caa4aec099681b.jpg" alt="The Dow Jones is growing thanks to Apple" />
Industrial average on Wednesday, Dow Jones for the first time exceeded 22 000.And all thanks to growth of Apple shares.
Shares of Apple jumped more than 6 percent in early trading — reaching a record level of $ 159,28 — a day after the world’s largest company reported good results and sales of the iPhone, and announced the release of the phone on the 10-year anniversary of the iPhone range.
Action iPhone make up about 30 percent this year, giving it a market capitalization above $ 800 billion.
This allowed Dow to cross above its last high-water mark during the first minutes after market open on Wednesday.
On Tuesday, the Dow posted record-breaking a mark of 21 963,92 the U.S. dollar, when to the promised 22 000 is not enough just 36,08 points.
The Dow rose 11 percent in 2017, even when wall street lost confidence that President Donald trump and the Congress, controlled by Republicans, will be able to cut taxes and increase spending on infrastructure this year.
«Investors are completely immune to all the drama that happens in Washington, because if you look at the performance of the Dow, it looks very sad,» said Naem Aslam, chief market analyst at Think Markets UK. — «All those gains thanks to Apple. Great news about the release of iPhone 8, the flagship product will invigorate the market.»
