16-05-2016 16:04 via news.yahoo.com

Oil, Apple push Wall St higher

Wall Street opened slightly higher on Monday, following a bruising week, helped by Apple and a surge in oil prices. Apple shares rose 1.6 percent to $91.96 after Warren Buffett's Berkshire Hathaway reported a stake worth about $1 billion in the iPhone maker. Oil jumped over 3 percent to its highest since November 2015 on growing Nigerian output disruptions and after Goldman Sachs said the market had ended almost two years of oversupply and flipped to a deficit.
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