S&P 500, Nasdaq rise as Apple nears US$2 trillion in market cap

REUTERS: The S&P 500 and Nasdaq rose on Thursday, with Apple inching toward US$2 trillion in market capitalization, as data showed jobless claims fell below one million last week for the first time since the start of the pandemic in United States.
While the S&P 500 remained within striking distance of a record high, the blue-chip Dow was weighed down by a 11.4per cent slump in Cisco Systems Inc after the company forecast first-quarter revenue and profit below estimates.

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