US Markets Update by Epic Research

A rebound in Apple shares helped push US stocks higher on Wednesday, breaking the market’s two-day string of losses. Apple shares jumped 3.1 percent to USD 101, the most actively traded on the Nasdaq, after several brokerages raised their price targets on the iPhone maker.



The Dow Jones industrial average rose 54.84 points, or 0.32 percent, at 17,068.71, the S&P 500 gained 7.25 points, or 0.36 percent, at 1,995.69 and the Nasdaq Composite added 34.24 points, or 0.75 percent, at 4,586.52.



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