Apple with capitalization over $1 trillion, growth for US indices

The big news of yesterday's day is the rise in Apple's market capitalization above the psychological limit of $1 trillion. The question now is, how long will the tech giant hold there.
The US indexes ended yesterday mainly on positive territory.
Best results, of course, had the technological Nasdaq. Driven by Apple's appreciation of 2.8%, the index added 1.2% to its value.
The broad S&P 500 added 0.5% to its value, while the blue chip index Dow Jones recorded a drop of 7 points.
The yield on 10-year US bonds declined again below 3%, although it remained extremely close - at 2.986%. Interest on long-term 30-year government bonds reached a level of 3.118%.

Strong growth in Europe and Asia after good results from Google

The US indexes ended yesterday's stock market upwards, prompting Asian and European markets to open on a plus today. The growth of European markets, however, was far stronger. The German DAX has risen to levels of trade of nearly 12,700 points, or an increase of over 1% compared to yesterday.
Opening on a positive territory is also shown by US index futures, with the S&P 500 trading at levels above 2,816 points.
To a large extent, the positive mood contributed to Google's results. The parent company, Alphabet, reported yesterday quarterly earnings of $32.66 billion, an increase of 26 percent and acceleration in the same quarter of last year. For comparison, revenue growth in the second quarter of 2017 was 21%.
After the results, the company's shares rose 5% and Alphabet's market capitalization was almost equal to Amazon's. For comparison, Amazon's market estimate is at $874 billion.
Still, Apple's shares remain closest to the boundary line. After good news about the company, its stock continued to rise and its capitalization is already close to 942 billion dollars. So Apple is only about 6% of reaching the coveted $1 trillion, which has not been achieved by any company in history.
So far, more than 17 percent of S&P 500 companies have announced their second-quarter results, with 82 percent of analysts expecting analysts to expect, according to FactSet. Wall Street has high expectations for this reporting season, with analysts forecasting an annual growth of 20%.

US indices continue upward

US indices continued with recovery after last week's record sales. The Dow blue chip index rose above 25,000 points for the first time in two weeks.
The index added more than 300 points yesterday, in its fifth consecutive increase. This was his longest winning series of about 9 weeks, and at the same time the highest value for the benchmark of at least 2 weeks.
The S&P 500 index also rose 1.2% to 2,731 points, while the Nasdaq rose also above 1%, driven by the appreciation of Apple shares. The latter added nearly 3.4% to their value after the news that Warren Buffett had raised its holdings in the company.

New records for US indices

US indices reached new record highs yesterday. The Dow Jones Industrial Average added 144.71 points, or by 0.68% to 21 528.99 points. This was its highest value, both in the day and in history. Since the beginning of the year, the indicator has added 8.9% to its value.
The broad S&P 500 rose by 20.31 points, or 0.8%, to a level of 2 453.46 points. Since the beginning of the year, the increase in the indicator is 9.6%.
The Nasdaq Composite Index rose by 1.4% to 6 239.01, with its daily increase being highest since November 7. The tech index is only 80 points from its historic record of June 8.
Among the companies with the most significant growth, Apple has boosted its market capitalization by 2.9%, its biggest gain since February.
The technology sector will most likely continue to be the focus of investor interest. Experts predict that it will most likely continue to weigh over the overall market, given the expectations of rising interest rates and not very good macroeconomic data lately.