In Unprecedented in History: Apple's Market Value Exceeds $3 Trillion

"Wall Street" stocks rebounded yesterday after publishing a report indicating moderation in US consumer price inflation, while the value of the "Apple" group exceeded $ 3 trillion in the market.

Apple's share rose 1.4 percent, bringing the group to more than $3 trillion in market value. The tech giant briefly reached this threshold in January 2022, But he never finished a trading session on top of it.

Nike shares fell 2.1 percent after it reported lower-than-expected earnings due to higher freight and logistics costs.

The data comes on the heels of other upbeat economic reports this week about first-quarter growth and consumer confidence, raising hopes that the US economy will avoid a recession.