Stock Groups

Apple Erases Losses for the Year, on Course for 11th Straight Rise -Breaking

by Mike Robinson

[ad_1]

© Reuters

Sam Boughedda

Investing.com — Apple Inc (NASDAQ:) shares are up for the 11th straight day on Tuesday, erasing its 2022 losses and on track for its longest number of daily gains since 2003.

Technology giant shares were up over 1% Tuesday. It helped to erase year-to-date losses, which saw it drop to about $150 per share just earlier in the month. 

This move follows a large rise in tech stocks following a poor start to 2022. The news that Apple will reduce production of iPhone SEs due to less demand is somewhat unsurprising. 

Stocks are up in general Tuesday in anticipation of ceasefire talks between Russia and Ukraine being held in Turkey. 

All three are trading higher: Meta (NASDAQ), Amazon (NASDAQ), Netflix (NASDAQ), and Alphabet.

Disclaimer: Fusion MediaWe remind you that this site does not contain accurate or real-time data. CFDs include stocks, indexes and futures. Prices are provided not by the exchanges. Market makers provide them. Therefore, prices can be inaccurate and differ from actual market prices. These prices should not be used for trading. Fusion Media does not accept any liability for trade losses that you may incur due to the use of these data.

Fusion MediaFusion Media or any other person involved in the website will not be held responsible for any loss or damage resulting from reliance on this information, including charts, buy/sell signals, and data. You should be aware of all the potential risks and expenses associated with trading in the financial market. It is among the most dangerous investment types.

[ad_2]