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Dow Roars Towards Record High as Apple Stock Smashes 6% Higher

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By CCN.com: The Dow Jones Industrial Average looks set to open in positive territory on Wednesday after a strong earnings report at Apple last night. Dow futures are up 81 points (0.3 percent), putting the DJIA in touching distance of its record high of 26,828. Despite a crushing 17 percent fall in iPhone revenue, Apple beat Wall Street estimates with a record-breaking quarter in its services department. Tim Cook also announced a $75 billion share buy buy-back program. Apple stock is up six percent in pre-market trading. As one of the heaviest-weighted companies in the DJIA, Apple’s six percent gain is

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* First published on ccn.com

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