“Everyone looked at Apple. It’s an Apple-dominated market, especially this week as we do not have very much macroeconomic data,” said Matt Maley, equity strategist at Miller Tabak, told Bloomberg News.
The Dow Jones Industrial Average closed up 0.3 percent on the index level of 17,068, while the broader S & amp; P 500 rose 0.4 percent to 1,995. Best was the technology-heavy Nasdaq Composite, which advanced 0.8 percent to 4,587.
sales totaled 550 million shares on the New York Stock Exchange and 1.8 billion on the Nasdaq.
Macro agenda was thin, and the investor had to make do with the wholesale inventories for July, which rose by 0.1 percent. Analysts had expected a rise of 0.5 percent.
In other market participants speculated when a rate increase is likely to come from the Federal Reserve. Although an increase is not expected at the interest rate meeting next week, market participants at least look indications.
At the company front steps Apple 3.1 percent. On Tuesday, shares dropped slightly after the company announced two new iPhone models and a Smart Watch, “Apple Watch.”
While Twitter showed good progress. Shares rose 4.5 percent after UBS raised its recommendation to purchase.
The Dow Jones was McDonald’s main stock with a climb of 2.1 percent. Health Insurance United Health fell 1.5 percent, and were at the bottom of the index.
Among the other winners were Goldman Sachs and Visa which rose 1.2-1.4 percent. The oil companies Chevron and Exxon were found in the red, while oil prices fell on Wednesday.
The clothing chain Urban Outfitters fell 0.6 percent. The company announced that comparable sales dropped so far in the third quarter.
In addition, continuing saga of the discount stores with dollar name. Dollar General has now come up with an offer directly to the Family Dollars shareholders at $ 80 per share, totaling $ 9.1 billion. Dollar General had last week rejected a bid from Family Dollars board. Dollar General rose 0.4 percent, while Family Dollar rose 0.2 percent.
Microsoft rose 0.2 percent. Several media reported that Microsoft will discuss with Swedish Minecraft Mojang founder of a takeover. The deal would be worth over $ 2 billion.
On the bond market, the interest rate on an American ten-year government bond up 4 basis points to 2.54 percent.
(Resending: was first broadcast on Wednesday evening)
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