Plus $190.9 billion in a day - Apple set a new record for a daily rise in price among American companies, beating Amazon by $100 million

Apple was able to set a new record for daily price increases among American companies after...

the share price rose almost 9%.

What is known

Three major US stock indices yesterdayclosed in the black. The Nasdaq, Dow and S&P 500 rose 7.34%, 3.69% and 5.53%, respectively. On the same day, Apple shares rose in price by 8.9% (to $146.87 per share), and market capitalization soared by a historic $190.9 billion. Previously, the record among American companies belonged to the digital commerce giant Amazon, which rose by $190 in one day .8 billion

The reason for the growth of the stock market was new datafor inflation in the United States for October 2022, which were below expectations. The consumer price index rose 0.4% m/m and 7.7% yoy.

After the rise in share prices, Apple's market capitalization was $2.34 trillion. But compared to last year, it fell by 17%.