01-07-2019 22:45 via feedproxy.google.com

Apple leads tech rally after shedding U.S.-China trade war albatross

Courtney Dentch and Ryan Vlastelica for Bloomberg:Apple Inc. jumped the most in three weeks after the U.S. and China declared a trade truce over the weekend, relieving the iPhone maker of some of the pressure its growth outlook faces in the event of a prolonged conflict.
The shares gained as much as 3.3%, contributing the most to a rally that’s pushing the S&P 500 Information Technology Index toward a record high. Apple is bouncing back from a drop of as much as 18% after the latest fl
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