Before the Bell | Apple's market cap is heading to $3 trillion

Moomoo Breakfast US wrote a column · Dec 13, 2021 04:48

By Danilo

Hey, mooers! Here are things you need to know before the opening bell:

- Stock futures rose early Monday after the S&P 500 notched its best week since February at a fresh record close, rebounding from a big sell-off triggered by fears of the omicron coronavirus variant.

- Apple shares have been on a ferocious tear, up 34% year to date, leaving it less than 5% away from a $3 trillion market capitalization, a milestone never hit by any other public company. The rally includes a startling 18% spurt in just the past four weeks, a period in which the S&P 500 has improved less than 2%.

Market Snapshot

Stock futures rose early Monday after the S&P 500 notched its best week since February at a fresh record close, rebounding from a big sell-off triggered by fears of the omicron coronavirus variant.

$Dow Jones Industrial Average (.DJI.US)$ futures traded 76 points higher, or 0.2%. $S&P 500 Index (.SPX.US)$ futures inched up 0.3% and $NASDAQ 100 Index (.NDX.US)$ futures were up 0.35%.

Source: Bloomberg

Market Temperature

Before the Bell | Apple's market cap is heading to $3 trillion

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