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10/11, 3:47 PM (Source: TeleTrader)
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Apple eyeing record high amid US-China trade talks

The iPhone maker's exposure to China helped it jump on Friday on speculation the country could manage to partly overcome differences with the United States and that the trade war would be suspended if not abolished. Apple Inc. topped its highest closing level so far, registered on October 3 of last year, and flirted with the intraday peak from the same session.

Shares opened 1.44% in the green, at $233.4. They are 47.97% up since the start of the year, compared to the gain of 13.99% in the benchmark Dow Jones Industrial Average index.

The market capitalization of the company led by chief executive Tim Cook was $1.0548 trillion, slightly trailing Microsoft's $1.0698 trillion.

Breaking the News / IT