APPLE INCHES CLOSER TO BEING A $1T COMPANY

Apple stock was up nearly 2% in early trading Monday, raising its market cap to roughly $915 billion. The iPhone maker’s recent stretch of good news includes posting solid earnings last week that seemed to quell investor fears that iPhone demand was slowing. Also, investor Warren Buffett told CNBC ahead of his annual Berkshire Hathaway retreat his company had purchased an additional 75 million shares of Apple in the first quarter, raising its total stake to $44 billion. Apple stock closed at $185.16 a share.