Advertisement
Australia markets closed

  • ALL ORDS

    7,837.40
    -100.10 (-1.26%)
     

  • ASX 200

    7,575.90
    -107.10 (-1.39%)
     

  • AUD/USD

    0.6548
    +0.0025 (+0.38%)
     

  • OIL

    84.01
    +0.44 (+0.53%)
     

  • GOLD

    2,358.40
    +15.90 (+0.68%)
     

  • Bitcoin AUD

    98,364.62
    +560.62 (+0.57%)
     

  • CMC Crypto 200

    1,387.63
    -8.90 (-0.64%)
     

  • AUD/EUR

    0.6095
    +0.0022 (+0.36%)
     

  • AUD/NZD

    1.0979
    +0.0021 (+0.19%)
     

  • NZX 50

    11,805.09
    -141.34 (-1.18%)
     

  • NASDAQ

    17,430.50
    -96.30 (-0.55%)
     

  • FTSE

    8,118.47
    +39.61 (+0.49%)
     

  • Dow Jones

    38,085.80
    -375.12 (-0.98%)
     

  • DAX

    18,027.07
    +109.79 (+0.61%)
     

  • Hang Seng

    17,675.82
    +391.28 (+2.26%)
     

  • NIKKEI 225

    37,934.76
    +306.28 (+0.81%)
     

Why Apple Stock Gained 11% in January

Jeremy Bowman, The Motley Fool
·2-min read
Why Apple Stock Gained 11% in January

Shares of Apple (NASDAQ: AAPL) were gaining in January, rising in line with the Nasdaq, which jumped on signs that inflation was cooling off and the Federal Reserve would reel in its interest rate hikes. According to data from S&P Global Market Intelligence, Apple finished the month up 11%, mostly tracking with the tech-heavy index. Additionally, the stock had sold off at the end of 2022 on concerns about production challenges due to COVID outbreaks in China.

Continue reading