Apple's Stock and Oil Prices Boost S&P 500

2018-05-11 5

Apple's stock hit a record high on May 10th.
The tech company's stock rose 1.3-percent on the day, but hit a new high of $189.90.
Apple's stock helped bump up the S&P 500 more than any other stock on the index, but the S&P's 11 major sectors all posted gains.
Although the S&P rose by less than a percent on the day, its on track to close above the 2,700-point mark.
The price of crude oil led to gains for the S&P's energy sector.

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