US stocks surge to fresh highs on first trading day of 2022 as Apple hits $3 trillion



IANS/Wang Ying

US stocks hit new highs on Monday, starting with gains in 2022.
On Monday, Apple crossed the $3 trillion market cap threshold.
The company's Q4 deliveries exceeded analyst expectations.
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The S&P 500 closed at a new record high on the first day of the new year, as investors continue to sidestep concerns about rising COVID-19 cases.

New daily cases of COVID-19 across the country surged to record highs throughout the holiday week, but hospitalizations and deaths remain well below prior peaks, backing up early research that the new Omicron variant is less deadly than prior strains.
Apple's shares briefly surged as much as 3% to hit a high of $182.88, crossing the $182.86 threshold needed to register a $3 trillion valuation for the company. The price was $182.01.

Apple's one-day gain was bigger than the bottom 400 stocks in the S&P 500 index.
The US indexes stood at 4:00 pm. The close is Monday.

On Monday, bullish investors were excited by the news thatTesla had a record fourth-quarter deliveries. The company delivered over one million vehicles in the year. In Monday trades, shares of the company jumped.

The integrated platform for an NFT marketplace will be included in the new TV lineup.

The DoggyDAO is a coin that gives enthusiasts voting power. The first version of the DAO will be available in a few days.

The LinksDAO raised more than $11 million in ether over the weekend as it seeks to purchase, operate, and maintain a real-world golf course.

The Bored Ape Yacht Club NFT was purchased by the rapper for about $462,000. The artist opened his wallet less than a week ago and has already collected 22 NFTs.
Cryptocurrencies fell on Monday, with ether falling 3% and bitcoin falling 2%. The gains of 2021.

The price of West Texas Intermediate crude oil rose as much as 1%. The price of oil rose as much as 1.41% to $78.89 per barrel.

The yield on the 10-year Treasury jumped more than 13 basis points.

Business Insider has an original article.