Apple stock heads for best seven-day stretch since 2009

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Apple Inc. shares are up 1.3% in Thursday trading and on track to notch gains for the seventh-straight trading session if the rally holds through the close. That would mark the longest winning streak for Apple’s stock since April 8, 2019, when it gained for nine trading days in a row, according to Dow Jones Market Data. The stock has risen 19.7% over the past seven trading sessions and it’s on pace for its best seven-day stretch since the period ending on March 18, 2009, when it climbed 22.2%, per Dow Jones Market Data. The stock is set to close at yet another new high. Apple reported June-quarter earnings last Thursday and delivered better-than-expected results, inspiring confidence heading into the fall launch of its first 5G enabled iPhones. Apple shares have rallied 49% over the past three months as the Dow Jones Industrial Average has gained 15%.


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