$Apple(AAPL.US)$ shares closed at a record high on Wednesday amid a broad rally in technology stocks spurred on by bets that the Federal Reserve will soon begin cutting interest rates as inflation slows.
The iPhone maker’s shares climbed 1.7% to $197.96, surpassing its previous closing record set in July. The gain leaves the stock up 52% for the year, for a market capitalization of about $3.08 trillion, cementing Apple’s posi...