Apple shares this afternoon have escaped a dour market, rising US8.55 or 2%, to $409.07 following a drop earlier in the session, and briefly hitting a new all-time high of $411.50.
In contrast, the Nasdaq is down 1%. “The index has itself recovered from its lowest levels of the session, and Apple had fared better relatively even when it was in the red,” notes “Barron’s (http://macte.ch/EFwxm). “But its dramatic recovery is striking.”
