Soaring Apple shares boost global markets

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Apple shares leapt as trading began on Wall Street today after it reported yesterday that profits had almost doubled in a single quarter.

Apple stock rose 9% to $610 per share as markets digested the tech giant's bumper results for the fiscal second quarter. The stronger-than-expected report boosted US markets on open this afternoon. The Dow Jones rose 0.76% to 13,100, while the S&P 500 gained 1.24% to 1,389. The tech-heavy Nasdaq gained 2.28% to trade at 3,028. US investors are also awaiting a Federal Reserve policy announcement expected this afternoon, in which chairman Ben Bernanke will give his latest assessment of the economy. Meanwhile, London and European indices appeared to shrug off this morning's news the U...

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