Wall Street at record high on trade optimism, Apple boost

By Sruthi Shankar (Reuters) - U.S. stocks hit record highs on Thursday as Middle East tensions eased, optimism about a U.S.-China trade deal firmed and several brokerages boosted price targets on high-profile companies. Apple Inc gained 1.4% on twin support from data showing iPhone sales jumped more than 18% in China in December, as well as a price target hike by Jefferies on expectations of a strong finish to 2019.

The post Wall Street at record high on trade optimism, Apple boost appeared first on Firstpost.