Apple iPhone cook
NEW YORK: U.S. stocks climbed on Monday, helped by gains in Apple, Microsoft and Merck & Co, as investors set aside worries about the U.S.-China trade war.
Shares of Apple Inc rose 2.4% after Chief Executive Officer Tim Cook told a German daily that sales of the company's newest iPhones were off to a strong start, while JP Morgan raised its forecast for shipment volumes. Apple is struggling to reverse shrinking iPhone sales amid tepid global demand for smartphones.
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