Apple's market capitalization soared nearly $200 billion a day, the biggest increase in the history of a listed company in the United States.
CTOnews.com, November 11, local time, the three major indexes of US stocks rose, the Dow rose 3.69%, the Nasdaq rose 7.34%, the S & P 500 rose 5.53%, all sectors rose, semiconductors and software applications led the way, AMD rose more than 14%, Amazon rose more than 12%, Microsoft rose more than 8%, Google and Tesla rose more than 7%.
During the day, Apple's market capitalization soared by $190.9 billion, the largest one-day increase in the value of a listed company in the United States.
The October inflation data released on the same day was lower than expected, with CPI rising 0.4% month-on-month and 7.7% year-on-year, boosting the stock market. The dollar suffered its biggest decline since March 2020. Apple's daily growth exceeded the $190.8 billion one-day market capitalization increase set by Amazon in February, according to overall Bloomberg data.
CTOnews.com learned that Apple's market capitalization reached $2.34 trillion after rising 8.9% on Thursday, but the company's market capitalization is still down as much as 17% so far this year.