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World stocks higher as Apple pushes Wall Street past 22,000

Published Wed, Aug 2, 2017 · 09:50 PM

London

STRONG results by tech giant Apple lifted Wall Street into uncharted territory on Wednesday and helped European stocks recover from earlier weakness.

The Dow blue-chip index rose above the key 22,000 level for the first time after Apple reported better revenues and profits for the past quarter.

"US stocks are higher in early action, with the tech sector getting a boost from the better-than-expected earnings results from Dow member Apple," said analysts at the Charles Schwab brokerage.

Apple shares surged by 6 per cent at the openin…

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