Trade spat dogs markets, but Apple's $1-trillion valuation boosts U.S. indexes

A deepening trade dispute between the United States and China weighed on global stocks and bond yields on Thursday, but a rise in Apple shares took its valuation above a record $1 trillion and helped lift major U.S. indexes into positive territory.

Tesla shares surge as investors embrace cash comments, Musk apology

Shares of Tesla Inc jumped more than 12 percent on Thursday, after the company convinced investors that it was able to yield positive cash flow and turn a profit, and Chief Executive Officer Elon Musk apologized for past incendiary remarks.

Tesla shares spike, dealing short-sellers a $1.1-billion loss

Tesla Inc shares soared as much as 15 percent on Thursday, a day after the electric car maker reported surprisingly strong earnings, and financial analytics firm S3 Partners said short-sellers were slammed with more than $1.1 billion in paper losses on the day.

Apple hits $1 trillion stock market valuation

Apple Inc became the first $1 trillion publicly listed U.S. company on Thursday, crowning a decade-long rise fueled by its ubiquitous iPhone that transformed it from a niche player in personal computers into a global powerhouse spanning entertainment and communications.

U.S. stocks rise as Apple hits $1 trillion mark

The S&P 500 and Nasdaq rose in afternoon trading on Thursday, driven by Apple shares as the iPhone maker became the first publicly traded U.S. company worth a trillion dollars.

China stands its ground after Trump amps up tariff threats

China vowed on Thursday to retaliate if the United States acted on a threat to raise tariffs on the Asian nation's exports, fueling fears in financial markets that the trade war between the world's two biggest economies would escalate.

Possible new U.S. tariffs on Chinese goods not 'cataclysmic': Commerce Secretary

New tariffs that the United States is threatening to impose on nearly half the goods imported from China would have a small impact on the Asian nation's economy and not lead to disaster, Commerce Secretary Wilbur Ross said on Thursday, as U.S. financial markets were set to open lower on the trade standoff.

Patience pays off for decades-long Apple shareholders

Donna Fenn bought shares of Apple Inc in the 1980s on the recommendation of a stockbroker a good friend of hers was dating. She'd heard of the company because its co-founder Steve Jobs had appeared on the cover of the magazine she worked for.

Instant view: Apple hits $1 trillion stock market valuation

Apple Inc became the first $1 trillion publicly listed U.S. company on Thursday, crowning a decade-long rise fueled by its ubiquitous iPhone that transformed it from a niche player in personal computers into a global powerhouse spanning entertainment and communications.

Allergan sues Pfizer over costs of opioid litigation

Allergan Plc on Thursday sued Pfizer Inc to force its larger rival to cover any damages Allergan is forced to pay as a result of hundreds of lawsuits claiming it deceptively marketed an opioid acquired from Pfizer.

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