Apple Leads Wall St to Post-Vote High
Wall Street closes at its highest point since the presidential election led by a rebound in Apple shares. Apple led the Nasdaq to a 1.2 percent rally and tech stocks helped the Dow and S&P 500 close higher as well. Investors decided Apple was cheap enough to get back in after the once-favored stock lost one-fourth of its value since hitting an all-time high in September. Many analysts pinned that selling on profit-taking ahead of possible higher tax rates next year.
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